Skip to main content

Booz Allen: Fiscal Q4 Earnings Snapshot

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal fourth-quarter profit of $205 million.

The McLean, Virginia-based company said it had net income of $1.68 per share. Earnings, adjusted for one-time gains and costs, were $1.78 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

The defense contractor posted revenue of $2.78 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $2.88 billion.

For the year, the company reported profit of $851 million, or $6.90 per share. Revenue was reported as $11.22 billion.

Booz Allen expects full-year earnings in the range of $6 to $6.35 per share, with revenue in the range of $11.2 billion to $11.7 billion.

Booz Allen shares have decreased 9.5% since the beginning of the year. The stock has fallen 41% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAH at https://www.zacks.com/ap/BAH

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story