Medpace Hldgs (NASDAQ: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).
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
