Maximus Q3 Results: Slower Growth Ahead

Maximus, a government services provider, is set to release its latest financial results this Thursday. Last quarter, they reported a 2.5% revenue increase to $1.35 billion, surpassing analyst expectations. For Q3, analysts predict a 1.9% revenue growth to $1.34 billion, slightly slower than last years 4.4%. Adjusted earnings are expected at $1.67 per share. Maximus has a history of exceeding expectations, consistently beating revenue estimates by 5.5%. Competitors like UL Solutions saw a 7.1% revenue increase, while Booz Allen Hamilton reported an 8.1% drop. The sectors broader outlook for 2025 is uncertain due to potential trade policy changes and corporate tax discussions. Maximuss share price is down 9.3% over the last month, with an average analyst price target of $105, compared to its current price of $78.95.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.