Key Takeaways
- Booz Allen Hamilton missed profit expectations for its fiscal 2025 first quarter when it reported results Friday.
- The global management and technology consulting company affirmed its previous guidance for full-year adjusted EPS of between $5.80 and $6.05, mostly below analysts’ consensus estimate of $6.04.
- Booz Allen stock plunged 10% in intraday trading Friday.
Booz Allen Hamilton (BAH) shares sank Friday after the company missed earnings expectations for its fiscal 2025 first quarter.
The global management and technology consulting company posted diluted earnings per share (EPS) of $1.27, below analysts’ expectations of $1.43, according to Visible Alpha. Adjusted EPS of $1.38 also missed the consensus estimate of $1.51.
The firm’s revenue of $2.94 billion, 10.8% higher than the same period last year, slightly beat expectations of $2.92 billion.Â
Booz Allen Affirms FY Adjusted EPS, Revenue Guidance
Booz Allen affirmed its previous guidance for full-year adjusted EPS of between $5.80 and $6.05, mostly below analysts’ consensus estimate of $6.04. It also left unchanged its prior forecast of 8% to 11% revenue growth from its fiscal 2024 revenue of $10.7 billion.
“Our first-quarter performance demonstrates our strategic and operational momentum,” Chief Executive Officer (CEO) Horacio Rozanski said. “We are on track to achieve our fiscal-year guidance and our multiyear investment thesis.”
Shares of Booz Allen Hamilton dropped more than 10% to $137.84 as of 3 p.m. ET Friday. They are up roughly 8% year-to-date.