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01P Medpace Holdings News Story

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Medpace Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Medpace Holdings Inc MEDP.OQ reported quarterly adjusted earnings of $3.10​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.75.  The mean expectation of ten analysts for the quarter was for earnings of $2.96 per share. Wall Street expected results to range from $2.79  to $3.15 per share.

Revenue rose 14.2% to $603.31 million from a year ago; analysts expected $538.77 million.

Medpace Holdings Inc's reported EPS for the quarter was $3.10​.

The company reported quarterly net income of $90.26 million.

Medpace Holdings Inc shares had fallen by 0.6% this quarter and lost 6.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is  "buy."

Wall Street's median 12-month price target for Medpace Holdings Inc is $300.00, about 4% below its last closing price of $311.87

This summary was machine generated from LSEG data July 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.963.10Beat
Mar. 31 20253.053.67Beat
Dec. 31 20242.963.67Beat
Sep. 30 20242.783.01Beat

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