Maximus Maintains FY24 Revenue Guidance At $5.05B-$5.20B (Est. $5.14B), Boosts Adjusted EPS From $5.05-$5.35 To $5.20-$5.50 (Est. $4.24)
Portfolio Pulse from Benzinga Newsdesk
Maximus has maintained its FY24 revenue guidance at $5.05B-$5.20B, aligning with the consensus estimate of $5.14B. Additionally, the company has increased its adjusted EPS guidance from $5.05-$5.35 to $5.20-$5.50, surpassing the estimated $4.24.

February 07, 2024 | 10:08 pm
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POSITIVE IMPACT
Maximus has updated its FY24 financial guidance, maintaining revenue projections while raising its adjusted EPS forecast above analyst expectations.
Maintaining revenue guidance indicates stability and confidence in the company's business outlook. The significant increase in the adjusted EPS guidance, especially above analyst expectations, is a strong positive signal to investors, likely leading to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100