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Stock impact report

Maximus (MMS) Stock Rises 9% Since Q1 Earnings Beat Estimates [Yahoo! Finance]

Maximus, Inc. (MMS) 
Last maximus, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.maximus.com
Company Research Source: Yahoo! Finance
MMS reported impressive first-quarter fiscal 2024 results, with both earnings and revenues beating the Zacks Consensus Estimate. The stock climbed 8.7% since the earnings release on Feb 7 in response to the better-than-expected results. The company raised its bottom-line guidance for fiscal 2024. Maximus currently expects adjusted earnings to be in the range of $5.2-$5.5 per share compared with the previous guidance of $5.05-$5.35 per share. The midpoint ($5.35) of the revised guided range is below the current Zacks Consensus Estimate of earnings of $5.38 per share. Adjusted operating income is expected to be between $503 million and $528 million compared with the prior expectation of $488 million and $513 million. Quarterly adjusted earnings of $1.34 per share surpassed the Zacks Consensus Estimate by 4.7% and increased 42.6% year over year. Revenues of $1.33 billion beat the consensus mark by 3.5% and increased 6.2% year over year. Maximus, Inc. Price, Consensus and EPS Su Show less Read more
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