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MAXIMUS, Inc. (MMS - Free Report) has a Zacks #1 Rank and trades at 17.9x 2010 consensus EPS estimates.

MAXIMUS offers investors strong growth prospects as well as some current income. Analysts expect the company to grow its earnings per share at 15% per year for the next 3 to 5 years. It also has a dividend yield of 0.8%.

Company Description

MAXIMUS, Inc. provides program management and consulting services to state and local government agencies, federal agencies, and commercial customers primarily in the U.S.

Recent Results

In early February, MAXIMUS announced fiscal first-quarter revenues of $202.4 million, up 19.2% year-over-year. The company reported earnings per share of $0.83, beating the Zacks Consensus Estimate by 19 cents, or 29.7%. In the last four quarters, MMS has beaten the Zacks Consensus Estimate by an average of 9.2%.

MAXIMUS is scheduled to report fiscal second-quarter results on May 6.

Estimates Moving Higher

Along with its Q110 earnings release, the company also boosted its financial outlook for fiscal 2010. It expects to have revenue of $830 million to $850 million and EPS of $3.35 to $3.45. Analysts previously expected MMS to earn $3.09 per share.

The company's improved guidance prompted analysts to lift their estimates. In the last three months, the Zacks Consensus Estimate for 2010 is up 32 cents, or 10.4%. The Zacks Consensus Estimate for 2011 increased 28 cents, or 8.0%. Analysts expect year-over-year EPS growth of 17.0% in 2010 and 11.2% in 2011.

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