Core Viewpoint - Maximus reported quarterly earnings of 1.37 per share, marking a 46.72% earnings surprise [1]. Financial Performance - The company achieved revenues of 1.35 billion year-over-year [2]. - Over the last four quarters, Maximus has exceeded consensus EPS estimates three times and topped revenue estimates four times [2]. Stock Performance and Outlook - Maximus shares have declined approximately 10% since the beginning of the year, compared to a 4.3% decline in the S&P 500 [3]. - The current consensus EPS estimate for the upcoming quarter is 1.3 billion, and for the current fiscal year, it is 5.31 billion [7]. Industry Context - The Government Services industry, to which Maximus belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, indicating potential challenges ahead [8].
Maximus (MMS) Q2 Earnings and Revenues Surpass Estimates