Government And Military Contractor Booz Allen Clocks Strong Q2 Performance, Backlog Expands to $41.3B
Portfolio Pulse from Anusuya Lahiri
Booz Allen Hamilton reported strong Q2 performance with adjusted EPS of $1.81, beating estimates. Sales rose 18% to $3.15 billion, and backlog expanded to $41.3 billion. The company raised its fiscal 2025 outlook, expecting revenue growth of 11%-13% and adjusted EPS of $6.10-$6.30. BAH stock gained 12.30% premarket.
October 25, 2024 | 12:19 pm
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Booz Allen Hamilton reported strong Q2 results, exceeding EPS and sales estimates. The company raised its fiscal 2025 outlook, expecting significant revenue and EPS growth. The stock price increased 12.30% premarket.
Booz Allen Hamilton's strong Q2 performance, with EPS and sales exceeding expectations, positively impacts investor sentiment. The raised fiscal 2025 outlook further boosts confidence in future growth, leading to a 12.30% premarket stock price increase.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100