Medpace: Q3 Earnings Snapshot
By AP News
Published - Oct 21, 2024, 04:25 PM ET
Last Updated - Dec 16, 2024, 06:09 PM EST
CINCINNATI (AP) — CINCINNATI (AP) — Medpace Holdings Inc. (MEDP) on Monday reported third-quarter profit of $96.4 million.
The Cincinnati-based company said it had net income of $3.01 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share.
The provider of outsourced clinical development services posted revenue of $533.3 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $540.5 million.
