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Here's What Key Metrics Tell Us About Maximus (MMS) Q4 Earnings
MMSMAXIMUS(MMS) ZACKS·2024-11-21 00:00

Core Insights - Maximus reported revenue of 1.32billionforthequarterendedSeptember2024,reflectingayearoveryearincreaseof4.41.32 billion for the quarter ended September 2024, reflecting a year-over-year increase of 4.4% and a surprise of +1.77% over the Zacks Consensus Estimate of 1.29 billion [1] - The earnings per share (EPS) for the quarter was 1.46,comparedto1.46, compared to 1.29 in the same quarter last year, although it fell short of the consensus EPS estimate of 1.47by0.681.47 by -0.68% [1] Revenue Breakdown - Revenue from U.S. Federal Services was 675.12 million, exceeding the average estimate of 661millionbytwoanalysts,representingayearoveryearincreaseof+9.4661 million by two analysts, representing a year-over-year increase of +9.4% [3] - Revenue from U.S. Services was 463.56 million, slightly below the estimated 473.37million,indicatingayearoveryeardeclineof2.2473.37 million, indicating a year-over-year decline of -2.2% [3] - Revenue from outside the U.S. reached 177.20 million, surpassing the average estimate of $158.65 million, with a year-over-year growth of +5% [3] Stock Performance - Over the past month, Maximus shares have decreased by -8.4%, contrasting with the Zacks S&P 500 composite's increase of +1% [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]