Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
MCLEAN, Va. (AP) _ Booz Allen Hamilton Holding Corp. (BAH) on Monday reported fiscal first-quarter earnings of $117.4 million.
The McLean, Virginia-based company said it had net income of 83 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The defense contractor posted revenue of $1.83 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.78 billion.
Booz Allen expects full-year earnings in the range of $2.90 to $3.05 per share.
Insight by Oracle: Federal cloud veterans share their updated strategies for the cloud journey in this exclusive executive briefing.
Booz Allen shares have climbed 54% since the beginning of the year. The stock has climbed 51% 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
Copyright © 2020 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.