Investing.com - Medpace Holdings reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Medpace Holdings announced earnings per share of $2.05 on revenue of $383.70. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $357.17M.
Medpace Holdings shares are up 48.74% from the beginning of the year , still down 31.32% from its 52 week high of $231.00 set on Friday, November 19, 2021.
Medpace Holdings shares gained 17.35% in after-hours trade the report.
Medpace Holdings follows other major Healthcare sector earnings this month
Medpace Holdings's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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