MEDP Beats Earnings, Raises Guidance; Strong Growth Stock Opportunity
Medpace Holdings Inc. (MEDP) reported a significant earnings beat, with revenue exceeding expectations by $19M and EPS by $0.34. The company also raised its FY25 EPS guidance, signaling strong future growth. This performance led to an 18% aftermarket increase, following a previous 40% move. The poster highlights the strategy of buying quality companies with good management during market downturns, suggesting MEDP warrants its high P/E due to strong growth. This indicates a potential investment opportunity for a growth stock, especially for those looking at companies with proven performance and positive guidance.