Booz Allen gains after quarterly results beat estimates
BAH•Full-year outlook and demand commentary
The company forecast fiscal 2026 adjusted earnings per share of $6.00-$6.35 and revenue in the range of $11.2 billion-$11.70 billion, compared with analysts' estimates of EPS $6.29 and revenue of $11.64 billion, according to LSEG data.
Booz Allen said demand is accelerating across its national security portfolio.
OpenAI previously partnered with the company for AI-powered defense and commercial solutions.
As of the last close, the stock had fallen nearly 22% year to date.
Shares rise after beats on profit and revenue
Shares of IT services and consulting firm Booz Allen Hamilton rose 2.6% to $67.60 in premarket trading after the company beat analysts' expectations on first-quarter profit and revenue.
