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Published on 24 Apr 2024 on Simply Wall St. via Yahoo Finance

Medpace Holdings, Inc. Just Beat EPS By 30%: Here's What Analysts Think Will Happen Next


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It's been a good week for Medpace Holdings, Inc. (NASDAQ:MEDP) shareholders, because the company has just released its latest first-quarter results, and the shares gained 6.5% to US$407. It looks like a credible result overall - although revenues of US$511m were what the analysts expected, Medpace Holdings surprised by delivering a (statutory) profit of US$3.20 per share, an impressive 30% above what was forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Medpace Holdings

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