Civitas Solutions (CIVI) Tops Q3 EPS by 11c

Civitas Solutions (NYSE: CIVI) reported Q3 EPS of $0.26, $0.11 better than the analyst estimate of $0.15. Revenue for the quarter came in at $404.5 million versus the consensus estimate of $397.52 million.

Guidance:

For fiscal 2018, we are maintaining our net revenue guidance range of $1.58 billion to $1.61 billion and increasing our Adjusted EBITDA guidance to a range of $170 million to $173 million. This compares to our previous Adjusted EBITDA guidance range of $168 million to $171 million.

(Street sees FY revenue of $1.59 billion)

For earnings history and earnings-related data on Civitas Solutions (CIVI) click here.

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