A Look at Medpace Hldgs's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
Medpace Hldgs (NASDAQ:MEDP) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $2.80. Despite past EPS beats, the stock has shown volatile reactions, with a significant drop after the last earnings report. The stock is up 53.36% over the past year, and analysts have a Neutral consensus with a price target suggesting a 15.37% upside. Medpace shows strong financial metrics compared to peers, with high revenue growth, net margin, and return on equity.
October 18, 2024 | 2:02 pm
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NEUTRAL IMPACT
Medpace Hldgs is expected to report an EPS of $2.80. Despite past EPS beats, the stock has shown volatile reactions, with a significant drop after the last earnings report. Analysts have a Neutral consensus with a price target suggesting a 15.37% upside.
The upcoming earnings report is crucial for Medpace Hldgs as past earnings have led to significant stock price volatility. The Neutral analyst rating and potential upside suggest mixed market sentiment. The company's strong financial metrics compared to peers may provide support, but the market's reaction will depend heavily on the earnings results and future guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100