MCLEAN, Va. - Booz Allen (NYSE:BAH) Hamilton Holding Corporation (NYSE:BAH), a leading provider of management and technology consulting services, reported a strong finish to its fiscal year with fourth-quarter earnings and revenue that surpassed Wall Street's expectations.
The company announced an adjusted EPS of $1.33, which was $0.10 higher than the analyst estimate of $1.23. Revenue for the quarter was also above consensus, coming in at $2.77 billion against the expected $2.72 billion.
The positive earnings report sent Booz Allen's shares climbing, with a notable increase of +3.7%.
Looking ahead, Booz Allen provided guidance for fiscal year 2025, projecting an adjusted EPS range of $5.80 to $6.05. The midpoint of this range, $5.925, is slightly above the consensus estimate of $5.92, indicating a cautiously optimistic outlook from the company. This forward-looking guidance, alongside the fourth-quarter beat, suggests a robust fiscal posture as the company moves into the new year.
The CEO of Booz Allen expressed confidence in the results, attributing the strong performance to the company's strategic investments in technology and talent. "Our ability to deliver innovative solutions to our clients' most complex challenges has driven our success this quarter," said the CEO. "We are well-positioned to continue this momentum into the next fiscal year."
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