Maximus Inc Reports Retreat In Q1 Profit, misses estimates

Maximus Inc (MMS) reported earnings for first quarter that decreased from the same period last year and missed the Street estimates.

The company's bottom line totaled $40.0 million, or $0.65 per share. This compares with $53.3 million, or $0.85 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $1.25 billion from $1.15 billion last year.

Maximus Inc earnings at a glance (GAAP) :

-Earnings (Q1): $40.0 Mln. vs. $53.3 Mln. last year.
-EPS (Q1): $0.65 vs. $0.85 last year.
-Analyst Estimates: $0.76
-Revenue (Q1): $1.25 Bln vs. $1.15 Bln last year.

Full year EPS guidance: $4.00-$4.30
Full year revenue guidance: $4.85-$5.0 bln

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