Maximus Q3 Adj EPS $0.78 Beats $0.63 Estimate, Sales $1.19B Miss $1.20B Estimate
Portfolio Pulse from Benzinga Newsdesk
Maximus (NYSE:MMS) reported Q3 adjusted earnings of $0.78 per share, beating the analyst consensus estimate of $0.63 by 23.81%. However, the company's quarterly sales of $1.19 billion missed the analyst consensus estimate of $1.20 billion by 1.00%. The sales figure represents a 5.51% increase from the same period last year.
August 04, 2023 | 12:13 pm
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Maximus reported better than expected Q3 earnings but missed on sales. The mixed results could lead to volatility in the stock's price.
Maximus reported a strong beat on Q3 earnings, which is positive for the stock. However, the company missed on sales, which is a negative factor. These mixed results could lead to uncertainty and volatility in the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100