Recap: Medpace Hldgs Q4 Earnings

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Medpace Hldgs MEDP reported its Q4 earnings results on Monday, February 14, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Medpace Hldgs beat estimated earnings by 5.6%, reporting an EPS of $1.32 versus an estimate of $1.25.

Revenue was up $48.87 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22, which was followed by a 13.08% increase in the share price the next day.

Here's a look at Medpace Hldgs's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.07 0.99 1 1.24
EPS Actual 1.29 1.06 1.14 1.35
Revenue Estimate 291.56M 272.10M 265.28M 245.96M
Revenue Actual 295.57M 278.29M 259.96M 259.68M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

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Guidance

Medpace Hldgs management provided guidance for their next quarter, expecting earnings between $5.35 and $5.67 per share for the next quarter.

This represents a 317.42% in quarter-over-quarter growth for Medpace Hldgs, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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