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Maximus Fiscal Q3 Adjusted Earnings, Revenue Rise; 2024 Outlook Raised
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Maximus Fiscal Q3 Adjusted Earnings, Revenue Rise; 2024 Outlook Raised
Aug 7, 2024 2:46 PM

05:25 PM EDT, 08/07/2024 (MT Newswires) -- Maximus ( MMS ) reported fiscal Q3 adjusted earnings late Wednesday of $1.74 per diluted share, up from $0.78 per share a year earlier.

Three analysts polled by Capital IQ expected $1.52.

Revenue for the quarter ended June 30 rose to $1.31 billion from $1.19 billion a year earlier.

Three analysts surveyed by Capital IQ expected $1.29 billion.

For fiscal 2024, the company now expects adjusted EPS of $6 to $6.20 on revenue of $5.25 billion to $5.35 billion. In May, Maximus ( MMS ) projected adjusted EPS at $5.65 to $5.85 on revenue of $5.15 billion to $5.25 billion.

Three analysts polled by Capital IQ are looking for $5.81 and $5.24 billion, respectively.

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