Medpace Holdings Inc expected to post earnings of $2.05 a share - Earnings Preview

Medpace Holdings

21/10/2023 24:18

* Medpace Holdings Inc  MEDP.OQ   MEDP.O  is expected
to show a
rise in quarterly revenue when it reports  results 
    * The Cincinnati Ohio-based  company is expected to report 
a
24.0% increase in revenue to $475.751 million from $383.74
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Medpace Holdings
Inc is
for earnings of $2.05 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Medpace
Holdings
Inc is $270​, above​ its last closing price of $229.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.91        1.91       1.93      Beat    0.8
 Mar. 31 2023  1.80        1.80       2.27      Beat    26
 Dec. 31 2022  1.79        1.79       2.12      Beat    18.7​
 Sep. 30 2022  1.48        1.47       2.05      Beat    39.1
 ​​Jun.        1.33        1.31       1.46      Beat    11.3
 30 2022                                                
 Mar. 31 2022  1.26        1.26       1.69      Beat    34​
 Dec. 31 2021  1.25        1.25       1.32      Beat    5.5
 Sep. 30 2021  1.08        1.07       1.29      Beat    20.1
 This summary was machine generated October 20 at 23:18 GMT.  All
figures in US dollars  unless otherwise stated