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Medpace: Q1 Earnings Snapshot

CINCINNATI (AP) — CINCINNATI (AP) — Medpace Holdings Inc. (MEDP) on Wednesday reported first-quarter earnings of $123.9 million.

On a per-share basis, the Cincinnati-based company said it had net income of $4.28.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.74 per share.

The provider of outsourced clinical development services posted revenue of $706.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $694.2 million.

Medpace expects full-year earnings in the range of $16.68 to $17.50 per share, with revenue in the range of $2.76 billion to $2.86 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEDP at https://www.zacks.com/ap/MEDP

Andy Burnham takes the reins as U.K.’s 7th prime minister in a decade

▶ Watch Video: Andy Burnham touts plans after becoming 7th prime minister in a decade London — If you're struggling to keep up with who is running the United Kingdom, you're not alone. Keir Starmer, who led his Labour Party to a landslide election victory just two years ago, left the prime minister's office at 10 Downing Street on Monday to be replaced by Labour's new leader, Andy Burnham. After being asked by King Charles III to form a new government on Monday — a constitutional formality that sealed his rise to power — Burnham became Britain's 7th prime minister in a decade. The seemingly revolving door on Downing Street is possible because under the U.K.'s parliamentary system, voters don't directly elect their prime minister, they elect a party to govern. So, if and when the governing party decides to change its leader, the country's leader can change, too, with no national election required.King Charles III welcomes Andy Burnham, during an audience at Buckingham Palace, London, where he invited the leader of the Labour Party to become Prime Minister and form a new government, July 20, 2026 in London, England. Aaron Chown/Pool/Getty
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