Booz Allen Hamilton Q2 Adj. EPS $1.29 Misses $1.33 Estimate, Sales $2.67B Beat $2.61B Estimate
Portfolio Pulse from Benzinga Newsdesk
Booz Allen Hamilton (NYSE:BAH) reported Q2 earnings of $1.29 per share, missing the analyst consensus estimate of $1.33 by 3.01%. This is a 3.73% decrease from the same period last year. However, the company's quarterly sales of $2.67 billion beat the analyst consensus estimate of $2.61 billion by 2.15%, marking a 15.96% increase from the same period last year.
October 27, 2023 | 10:47 am
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NEUTRAL IMPACT
Booz Allen Hamilton's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Booz Allen Hamilton's earnings miss could negatively impact the stock price, but the sales beat could offset this. The mixed results make the short-term price direction uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100