Maximus Q1 2024 Adj EPS $1.34 Beats $1.01 Estimate, Sales $1.33B Beat $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Maximus (NYSE:MMS) reported Q1 2024 adjusted EPS of $1.34, surpassing the $1.01 estimate, with sales of $1.33B also beating the $1.29B estimate. This represents a 6.24% increase in sales compared to the same period last year.
February 07, 2024 | 9:38 pm
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POSITIVE IMPACT
Maximus reported a significant beat on both earnings and sales estimates for Q1 2024, with a notable year-over-year sales growth.
Beating earnings and sales estimates typically leads to positive investor sentiment and can drive the stock price up in the short term. The significant beat on both fronts, coupled with a solid year-over-year sales growth, suggests a strong performance by Maximus, likely resulting in increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100