Booz Allen Hamilton Q3 Adj. EPS $1.41 Beats $1.14 Estimate, Sales $2.57B Beat $2.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
Booz Allen Hamilton (NYSE:BAH) exceeded analyst expectations for Q3 with an adjusted EPS of $1.41, surpassing the estimate of $1.14 by 23.68%, and a 31.78% increase from last year's EPS. Sales reached $2.57B, a 0.94% beat over the $2.54B estimate and a 12.82% increase from the previous year.
January 26, 2024 | 11:46 am
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POSITIVE IMPACT
Booz Allen Hamilton reported strong Q3 results with both adjusted EPS and sales surpassing analyst estimates, indicating robust financial performance.
Booz Allen Hamilton's Q3 earnings and sales beat is likely to instill investor confidence and could lead to a short-term uptick in the stock price. Strong financial performance, especially when exceeding analyst expectations, is typically viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100