earnings
confidence high
sentiment neutral
materiality 0.75
Maximus Q1 rev $1.15B (+21.7%), raises FY22 rev guidance to $4.5-4.7B; adj EPS flat
MAXIMUS, INC.
2022-Q1 EPS reported
$0.85
revenue$1,150,876,000
- Revenue $1.15B, up 21.7% YoY; COVID-19 response work $120M, down $40M YoY.
- GAAP diluted EPS $0.85; adjusted EPS $1.12 (excl. amortization) vs $1.11 prior year.
- Raises FY22 revenue guidance to $4.5-4.7B; maintains EPS guidance $4.00-4.30 ($5.07-5.37 adj).
- Quarterly dividend $0.28/share declared, payable Feb 28, record Feb 15.
- U.S. Federal Services rev $581.9M (+43.6%) on acquisitions; Outside U.S. segment operating loss $9.5M.