Booz Allen: Fiscal Q3 Earnings Snapshot

Associated Press Finance
31 Jan

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal third-quarter net income of $187 million.

On a per-share basis, the McLean, Virginia-based company said it had profit of $1.45. Earnings, adjusted for one-time gains and costs, were $1.55 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.

The defense contractor posted revenue of $2.92 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $2.84 billion.

Booz Allen expects full-year earnings in the range of $6.25 to $6.40 per share.

Booz Allen shares have increased slightly since the beginning of the year. The stock has declined 11% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAH at https://www.zacks.com/ap/BAH

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10