Maximus Inc. raised its FY2025 earnings guidance, boosting its stock despite missing Q4 expectations.

Maximus Inc., a government services provider, updated its FY2025 earnings guidance, predicting an EPS of $5.70-6.00, slightly above the consensus estimate of $5.96, with revenue expected between $5.275-5.425 billion. The company's stock rose to $80.51 on the announcement. Despite a Q4 profit increase to $72.5 million, or $1.19 per share, Maximus' results missed analysts' expectations, with adjusted earnings at $1.46 per share and revenue up 4.4% to $1.315 billion.

November 20, 2024
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