Booz Allen Hamilton Q1 Adj $1.38 Misses $1.52 Estimate, Sales $2.94B Beat $2.93B Estimate
Portfolio Pulse from Benzinga Newsdesk
Booz Allen Hamilton (NYSE: BAH) reported Q1 earnings of $1.38 per share, missing the analyst estimate of $1.52. However, sales of $2.94 billion beat the $2.93 billion estimate. Earnings decreased by 6.12% year-over-year, while sales increased by 10.81%.
July 26, 2024 | 10:49 am
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Booz Allen Hamilton reported Q1 earnings of $1.38 per share, missing the analyst estimate of $1.52. Sales of $2.94 billion beat the $2.93 billion estimate. Earnings decreased by 6.12% year-over-year, while sales increased by 10.81%.
The miss on earnings per share (EPS) is likely to have a negative short-term impact on the stock price, despite the slight beat on sales. The year-over-year decrease in earnings further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100