Medpace Holdings Inc reports results for the quarter ended in June - Earnings Summary

Medpace Holdings

24/07/2023 23:02

* Medpace Holdings Inc  MEDP.OQ  reported quarterly adjusted
earnings of $1.93​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of $1.91 per share.
    * Revenue rose 31.2% to $460.87 million from a year ago;
analysts
expected $433.69 million. 
    * Medpace Holdings Inc's reported EPS for the quarter was
$1.93​.
    * The mean earnings estimate of analysts had risen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Medpace Holdings Inc shares had risen by 2.1% this
quarter and
gained 15.5% so far this year.
    * The company reported quarterly net income of $61.07
million.
    * Wall Street's median 12-month price target for Medpace
Holdings
Inc is $228.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.91           1.93           Beat
 Mar. 31 2023      1.80           2.27           Beat
 Dec. 31 2022      1.79           2.12           Beat
 Sep. 30 2022      1.47           2.05           Beat