By Dean Seal
Booz Allen Hamilton lifted full-year guidance after strong revenue gains boosted earnings in the fiscal third quarter.
The McClean, Va., consulting firm posted a profit of $187 million, or $1.45 a share, compared with $145.6 million, or $1.11 a share, in the same quarter a year ago.
Stripping out one-time items, adjusted earnings were $1.55 a share. Analysts polled by FactSet had been expecting $1.52 a share.
Revenue jumped 13.5% to $2.92 billion, clearing analyst forecasts for $2.87 billion.
The firm said it saw growth across all of its markets and bumped up guidance for the full fiscal year, which ends March 31.
Booz Allen now expects revenue to rise 12% to 13% in fiscal 2025, lifting the 11% floor of its prior outlook.
Adjusted earnings are now expected to hit $6.25 to $6.40 a share for the year, up from an outlook for $6.10 to $6.30 a share. Analysts had been already projecting it to hit the previous high end at $6.30 a share.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 31, 2025 07:20 ET (12:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。