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Medpace Q1 Earnings, Revenue Rise; Updates 2024 Guidance
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Medpace Q1 Earnings, Revenue Rise; Updates 2024 Guidance
Apr 22, 2024 2:13 PM

04:47 PM EDT, 04/22/2024 (MT Newswires) -- Medpace Holdings ( MEDP ) reported Q1 earnings late Monday of $3.20 per diluted share, up from $2.27 a year earlier.

Four analysts polled by Capital IQ expected $2.47.

Revenue for the quarter ended March 31 was $511 million, up from $434.1 million a year earlier.

Analysts surveyed by Capital IQ expected $512 million.

For 2024, Medpace ( MEDP ) expects EPS of $10.79 to $11.47 on revenue of $2.15 billion to $2.20 billion. Analysts polled by Capital IQ are expecting $10.57 on revenue of $2.19 billion. In February, it forecast EPS of $10.18 to $10.87 for the year.

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