The government services contractor cites a temporary halt in Veterans Affairs incentives for a reduced earnings forecast.
Maximus lowered its fiscal 2026 adjusted earnings per share guidance to a range of $7.90 to $8.20, down by approximately $0.35. The reduction stems from a customer-directed pause in Veterans Affairs incentive programs, impacting near-term profitability.
Third-quarter revenue reached $1.28 billion, aligning with prior expectations and allowing the company to maintain its full-year revenue outlook. The adjusted EPS revision reflects a targeted operational adjustment rather than broader demand weakness.
Management reiterated confidence in long-term growth but did not disclose immediate market reactions to the revised forecast.