NYSE$MED
Medifast Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Medifast experienced revenue growth and increased OPTAVIA coach engagement.
Medifast reported a strong third quarter with a 42.8% increase in revenue, driven by growth in active OPTAVIA Coaches and increased revenue per coach. Net income also saw a significant increase.
- Revenue increased by 42.8% to $271.5 million.
- Active earning OPTAVIA Coaches grew by 30.7% reaching 42,100.
- Revenue per active earning OPTAVIA Coach increased 8.2% over the second quarter to $6,329.
- Net income increased 116.7% to $34.5 million, with EPS of $2.91.
Headline financials
Revenue & EPS history
Medifast · Revenue · Quarterly
$271M
Forward guidance
Medifast is confident in its ability to deliver long-term growth and will continue to focus on providing its Clients with the ability to achieve lifelong transformation one healthy habit at a time.
Tailwinds
- The business continues to go from strength to strength.
- High levels of client demand and engagement among independent OPTAVIA Coaches.
- Accelerated growth and record levels of active earning Coaches.
- Comprehensive solution is resonating with Coaches and Clients everywhere.
- Investments to enhance infrastructure to support strong growth trajectory.
Headwinds
- COVID-19 pandemic continues to deliver challenges and obstacles to consumer-facing businesses.
- Impact of the COVID-19 pandemic on Medifast's results.
- Severity, length and ultimate impact of COVID-19 on people and economies.
- Medifast's inability to attract and retain independent OPTAVIA Coaches and Clients.
- Increases in competition, litigation, regulatory changes, and Medifast's planned growth into new domestic and international markets and new channels of distribution.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.4%
Avg return
30 days after
51%
33 / 65 earnings
Positive
+31.6%
Q4 2017
Best reaction
-29.9%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +19.7% | +16.7% | |
| Q4 2025 | -0.8% | -1.9% | -7.4% | |
| Q3 2025 | +0.8% | +0.4% | -8.6% | |
| Q1 2025 | -0.6% | +5.3% | +10.8% | |
| Q4 2024 | -11.4% | -8.4% | -11.1% | |
| Q3 2024 | +9.8% | +3.1% | +6.2% | |
| Q2 2024 | -5.6% | -9.0% | -11.8% | |
| Q1 2024 | -18.3% | -20.8% | -25.4% | |
| Q4 2023 | -19.2% | -18.5% | -28.7% | |
| Q3 2023 | -1.5% | -6.5% | +3.3% | |
| Q2 2023 | -9.5% | -4.9% | -18.5% | |
| Q1 2023 | -3.8% | -0.7% | -14.1% | |
| Q4 2022 | -10.8% | -4.6% | -15.3% | |
| Q3 2022 | -3.2% | -1.6% | +9.0% | |
| Q2 2022 | -15.2% | -21.9% | -31.9% | |
| Q1 2022 | +5.4% | +1.8% | -2.0% | |
| Q4 2021 | -5.6% | +1.7% | -6.4% | |
| Q3 2021 | +3.7% | +4.7% | -7.1% | |
| Q2 2021 | -8.7% | -14.1% | -17.4% | |
| Q1 2021 | +7.8% | +18.9% | +35.3% | |
| Q4 2020 | -3.9% | -0.8% | -14.7% | |
| Q3 2020 | +12.9% | +23.5% | +45.4% | |
| Q2 2020 | -5.7% | -5.0% | -8.0% | |
| Q1 2020 | +18.5% | +30.1% | +46.7% | |
| Q4 2019 | -9.7% | -13.4% | -31.5% | |
| Q3 2019 | -29.9% | -24.8% | -14.7% | |
| Q2 2019 | -7.6% | -7.8% | -10.5% | |
| Q1 2019 | -2.1% | +3.6% | -12.1% | |
| Q4 2018 | +0.9% | -0.7% | +0.3% | |
| Q3 2018 | -28.3% | -25.3% | -32.4% | |
| Q2 2018 | +25.8% | +17.4% | +35.0% | |
| Q1 2018 | +22.3% | +19.3% | +50.0% | |
| Q4 2017 | +31.6% | +32.5% | +44.0% | |
| Q3 2017 | +14.7% | +13.1% | +16.6% | |
| Q2 2017 | +18.6% | +20.7% | +31.7% | |
| Q1 2017 | +3.4% | +3.8% | -6.1% | |
| Q4 2016 | -3.7% | -4.4% | -1.4% | |
| Q3 2016 | -5.0% | -4.5% | -4.7% | |
| Q2 2016 | -0.2% | +0.8% | +5.9% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | -5.6% | — | — | |
| Q3 2015 | +6.9% | — | — | |
| Q2 2015 | -9.2% | — | — | |
| Q1 2015 | +5.3% | — | — | |
| Q4 2014 | -3.1% | — | — | |
| Q3 2014 | +2.5% | — | — | |
| Q2 2014 | -9.5% | — | — | |
| Q1 2014 | -8.5% | — | — | |
| Q4 2013 | +3.4% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | -4.3% | — | — | |
| Q1 2013 | -3.8% | — | — | |
| Q4 2012 | -5.4% | — | — | |
| Q3 2012 | +10.4% | — | — | |
| Q2 2012 | +28.5% | — | — | |
| Q1 2011 | +8.9% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q4 2009 | +0.9% | — | — | |
| Q3 2010 | +1.9% | — | — | |
| Q3 2011 | +1.9% | — | — | |
| Q4 2010 | +4.3% | — | — | |
| Q2 2010 | +4.3% | — | — | |
| Q2 2011 | +4.3% | — | — | |
| Q1 2010 | +10.1% | — | — |
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