Booz Allen: Fiscal Q4 Earnings Snapshot
Posted May 21, 2021 08:06:47 AM.
Last Updated May 21, 2021 08:09:07 AM.
MCLEAN, Va. (AP) _ Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal fourth-quarter profit of $199.2 million.
On a per-share basis, the McLean, Virginia-based company said it had net income of $1.43. Earnings, adjusted for one-time gains and costs, were 89 cents per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The defense contractor posted revenue of $1.98 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $1.99 billion.
For the year, the company reported profit of $609 million, or $4.37 per share. Revenue was reported as $7.86 billion.
Booz Allen expects full-year earnings in the range of $4.10 to $4.30 per share.
Booz Allen shares have fallen roughly 6% since the beginning of the year. The stock has risen 10% in the last 12 months.
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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
The Associated Press
