Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. Commission file number: 1-12997 Maximus, Inc. (Exact name of registrant as specified in its charter) Virginia 54-100058 ...

On a full year basis, the Federal segment margin should be approximately 12%. Second, for the US Services segment as mentioned earlier, we expect this segment's margin to be more in the middle of the 11% to 14% target range for the back half of the year, as volumes related to Medicaid redeterminations continue to moderate. And given the strong first half, the segment margin should be approximately 13% on a full year basis. The Outside the US segment remains on track to be slightly above breakeven for the fu ...

− New FY24 earnings guidance midpoints imply adjusted operating margin of 10.6%, up from 10.0% in prior guidance • FY24 commentary − Q3 FY24 earnings expected to be higher than Q4 due to planned U.S. Federal Services investments in the last quarter and redetermination volume normalization in U.S. Services − U.S. Federal Segment full-year margin expected to be ~12%; U.S. Services Segment full-year margin expected to be ~13%; Outside the U.S. Segment remains on track to be slightly above breakeven for the ful ...

For the quarter ended March 2024, Maximus (MMS) reported revenue of $1.35 billion, up 11.7% over the same period last year. EPS came in at $1.57, compared to $0.80 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.28 billion, representing a surprise of +5.44%. The company delivered an EPS surprise of +19.85%, with the consensus EPS estimate being $1.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

Maximus (MMS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.85%. A quarter ago, it was expected that this government health services provider would post earnings of $1.28 per share when it actually produced earnings of $1.34, delivering a surprise of 4.69%.Over the last four quar ...

FOR IMMEDIATE RELEASE CONTACT: James Francis, VP - IR Jessica Batt, VP - IR & ESG Date: May 8, 2024 IR@maximus.com Maximus Reports Fiscal Year 2024 Second Quarter Results Strong demand drives highest post-pandemic margins and further raise to FY24 guidance (Tysons, Va. - May 8, 2024) - Maximus (NYSE: MMS), a leading provider of government services worldwide, reported financial results for the three and six months ended March 31, 2024. Highlights for the second quarter of fiscal year 2024 include: • Revenue ...

Wall Street analysts forecast that Maximus (MMS) will report quarterly earnings of $1.31 per share in its upcoming release, pointing to a year-over-year increase of 63.8%. It is anticipated that revenues will amount to $1.28 billion, exhibiting an increase of 6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a comp ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Maximus (MMS) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. On the othe ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...