Brief: Maximus Says FY2021 Diluted EPS To Range Between $4.65 And $4.75

Maximus

05/08/2021 12:26

Aug 5 (Reuters) - Maximus Inc  MMS.N :
    * MAXIMUS REPORTS FISCAL YEAR 2021 THIRD QUARTER RESULTS
    * Q3 EARNINGS PER SHARE $1.51
    * Q3 REVENUE $1.24 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$1.09
BILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $1.09 -- REFINITIV IBES
DATA
    * COMPANY IS RAISING GUIDANCE FOR FISCAL YEAR 2021 TO
ACCOUNT FOR
STRONG Q3 RESULTS
    * FY 2021 REVENUE EXPECTED TO RANGE BETWEEN $4.2 BILLION AND
$4.25
BILLION AND DILUTED EARNINGS PER SHARE TO RANGE BETWEEN $4.65
AND $4.75
    * FOR FISCAL 2021, CASH FROM OPERATIONS IS EXPECTED TO RANGE
BETWEEN $425 MILLION AND $455 MILLION
    * SEES 2021 FREE CASH FLOW BETWEEN $375 MILLION AND $405
MILLION
    * REVENUE ATTRIBUTABLE TO COVID-19 RESPONSE WORK IS
ANTICIPATED TO
BE APPROXIMATELY $1 BILLION FOR FISCAL 2021
    * COVID-19 RESPONSE WORK IS TAPERING OFF AS EXPECTED,
RESULTING IN
A LOWER Q4 FORECAST AS COMPARED TO Q3 RESULTS
    * QTRLY ADJUSTED EARNINGS PER SHARE $1.66
    * FY2021 EARNINGS PER SHARE VIEW $4.33, REVENUE VIEW $4.06
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw330Ln2a 
Further company coverage:  MMS.N 

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