Home / Financial Report / Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast

Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast

MaximusMaximus (NYSE: MMS) has reported fiscal year 2015 third quarter earnings of 64 cents per share, a figure in line with Wall Street’s consensus projection.

That figure includes costs related to the the Reston, Va.-based public sector health and human services contractor acquisitions of Acentia and Remploy, both of which closed in early April.

Without those expenses, Maximus said its earnings for the quarter were 62 cents per share and total profit was $42.25 million.

Maximus also posted $572.3 million in revenue for the quarter, a figure the company said includes organic growth and new business acquired through Acentia and Remploy.

Wall Street analysts projected revenue to be approximately $550.6 million.

Shares of Maximus traded at $69.40 as of 10:47 Eastern time Thursday.

Check Also

L3Harris Delivers Initial Updated Night-Vision Goggles to Army, Receives Two Additional Delivery Orders

L3Harris Technologies (NYSE:LHX) has delivered 40 Enhanced Night Vision Goggle-Binocular devices to the U.S. Army as part of a $391M contract awarded last year. The company said Monday it received two more delivery orders worth $153M combined to deliver 7K additional systems and provide logistics support services.

Hilary Hageman Appointed Cubic SVP, General Counsel, Corporate Secretary

Hilary Hageman, a veteran business and legal professional, has been named senior vice president, general counsel and corporate secretary at Cubic (NYSE: CUB).