Booz Allen (BAH) Shares Fall 1.4% Despite Q3 Earnings Beat
Booz Allen Hamilton (BAH) Zacks Investment Research·2024-01-31 01:56
Booz Allen Hamilton Holding Corp. (BAH) reported better-than-expected third-quarter fiscal 2024 results.Quarterly adjusted earnings per share (EPS) of $1.41 surpassed the Zacks Consensus Estimate by 24.8% and exceeded the year-ago quarter by 31.8%. The company reported revenues of $2.57 billion, which beat the consensus estimate by 1.5% and increased 12.9% year over year. Revenues, excluding billable expenses, were $1.77 billion, up 13% year over year.However, BAH’s impressive third-quarter results failed t ...