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HMS Holdings Corp. Q3 adjusted earnings Beat Estimates

HMS Holdings Corp. (HMSY) reported earnings for its third quarter that advanced from last year.

The company's bottom line totaled $18.57 million, or $0.22 per share. This compares with $6.37 million, or $0.07 per share, in last year's third quarter.

Excluding items, HMS Holdings Corp. reported adjusted earnings of $26.77 million or $0.31 per share for the period.

Analysts had expected the company to earn $0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.7% to $154.25 million from $125.67 million last year.

HMS Holdings Corp. earnings at a glance:

-Earnings (Q3): $26.77 Mln. vs. $16.11 Mln. last year.
-EPS (Q3): $0.31 vs. $0.19 last year.
-Analysts Estimate: $0.21
-Revenue (Q3): $154.25 Mln vs. $125.67 Mln last year.

Full year revenue guidance: $595 - $600 Mln

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