MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Maximus Inc. (MMS) on Wednesday reported fiscal second-quarter profit of $80.5 million.
The McLean, Virginia-based company said it had net income of $1.31 per share. Earnings, adjusted for amortization costs, were $1.57 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The government health services provider posted revenue of $1.35 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.28 billion.
Maximus expects full-year earnings in the range of $5.65 to $5.85 per share, with revenue in the range of $5.15 billion to $5.25 billion.
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