Booz Allen Hamilton rises after raising FY2027 profit forecast
BAH•Booz Allen Hamilton beat Q2 adjusted EPS estimates with $1.76 and raised its FY2027 adjusted EPS forecast to $6.50-$6.70 from $6-$6.35. It expects FY2027 revenue of $11.3 billion-$11.6 billion.
1. Raises profit forecast
Booz Allen Hamilton raised its FY2027 adjusted EPS forecast to $6.50-$6.70, from $6-$6.35 previously. The company reported Q2 adjusted EPS of $1.76, topping analysts’ $1.49 estimate.
2. Revenue outlook
The company expects FY2027 revenue of $11.3 billion-$11.6 billion, compared with its previous range of $11.2 billion-$11.7 billion. The new range’s midpoint is above analysts’ $11.42 billion expectation. Booz Allen Hamilton said profitability was driven by “strong operational execution.”
