While reporting financial results for the second quarter on Thursday, Maximus, Inc. (MMS) raised its adjusted earnings guidance for the full-year 2026, while maintaining annual sales outlook.
For fiscal 2025, the company now projects adjusted earnings in a range of $8.25 to $8.55 per share, up from the prior forecast range of $8.05 to $8.35 per share. However, the company continues to project sales between $5.20 billion and $5.35 billion.
The Board of Directors also authorized a refresh to the repurchase program for Maximus common stock up to an aggregate of $400 million, which becomes effective May 11, 2026.
On April 6, 2026, the Board of Directors declared a quarterly cash dividend of $0.33 for each share of our common stock outstanding, payable on June 1, 2026, to shareholders of record on May 15, 2026.
In Thursday's pre-market trading, MMS is trading on the NYSE at $65.00, up $1.06 or 1.66 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.