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Booz Allen shares slide 7% on Q1 earnings miss, weak guidance

EditorRachael Rajan
Published 2024-07-26, 07:16 a/m
© Reuters.
BAH
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MCLEAN, Va. - Booz Allen (NYSE:BAH) Hamilton Holding Corporation (NYSE: BAH), a prominent management and technology consulting firm, reported its first-quarter fiscal year 2025 results today, revealing an earnings miss and guidance that fell short of analyst expectations.

The company announced an adjusted EPS of $1.38, which was below the analyst estimate of $1.52. Despite outperforming the revenue consensus with $2.94 billion, compared to the expected $2.93 billion, the stock price plummeted by 7.4% following the release.

Booz Allen Hamilton has forecasted an adjusted EPS range of $5.80 to $6.05 for FY2025, with the midpoint of $5.925 falling below the consensus estimate of $6.05. This guidance suggests potential challenges ahead, which has evidently concerned investors and analysts alike.

In a statement from the company, management expressed their commitment to addressing the challenges and capitalizing on the opportunities ahead. "We remain focused on delivering value to our clients and shareholders, even as we navigate a complex and evolving market landscape," said the CEO.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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