Booz Allen Hamilton Holding Earnings: Here’s Why Investors are Excited Now

Booz Allen Hamilton Holding (NYSE:BAH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 6.74%.

Booz Allen Hamilton Holding Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 8.7% to $0.50 in the quarter versus EPS of $0.46 in the year-earlier quarter.

Revenue: Decreased 0.31% to $1.43 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Booz Allen Hamilton Holding reported adjusted EPS income of $0.50 per share. By that measure, the company beat the mean analyst estimate of $0.40. It beat the average revenue estimate of $1.41 billion.

Quoting Management: Ralph W. Shrader, Booz Allen’s Chairman, Chief Executive Officer, and President, said “We are focused on the important things that we can control in the midst of unprecedented external factors and uncertain market conditions. First and foremost, we are serving our clients with the highest quality work and commitment to their mission. We are also supporting our people and the communities in which we work and live, and are focused on delivering value to our stockholders through our effective management of the business and capital deployment choices.”

Key Stats (on next page)…

EPS increased 25% from $0.40 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.36 to a profit $0.38. For the current year, the average estimate has moved up from a profit of $1.50 to a profit of $1.56 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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