Why Booz Allen Hamilton Shares Are Rising Today
Portfolio Pulse from Nabaparna Bhattacharya
Booz Allen Hamilton (BAH) shares are up after reporting strong Q4 FY23 results, with sales growth of 8.7% YoY to $2.43 billion and adjusted EPS of $1.01. The company declared a quarterly dividend of $0.47 per share and issued FY24 outlook with sales growth of 7% - 11% and adjusted EPS of $4.80 - $4.95.
May 26, 2023 | 2:58 pm
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Booz Allen Hamilton shares rise after strong Q4 results, beating consensus with sales growth of 8.7% YoY and adjusted EPS of $1.01. FY24 outlook issued.
Booz Allen Hamilton's strong Q4 results, beating consensus estimates, and positive FY24 outlook are likely to have a positive short-term impact on the stock price. The company's sales growth, adjusted EPS, and dividend declaration contribute to the positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100