Booz Allen Hamilton shares fall as Q1 profit misses estimates

Key conclusions

Booz Allen Hamilton, announcing results on Friday, missed expectations for profits in the first quarter of fiscal 2025.
The global management and technology consulting firm reaffirmed its previous full-year adjusted earnings per share guidance of $5.80 to $6.05, well below analysts’ consensus of $6.04.
Booz Allen shares fell 10% in intraday trading on Friday.

Booz Allen Hamilton (BAH) shares fell on Friday after the company missed earnings expectations for the first quarter of fiscal 2025.

The global management and technology consulting firm reported diluted earnings per share (EPS) of $1.27, missing analysts’ expectations of $1.43, according to Visible Alpha. Adjusted EPS of $1.38 also missed the consensus estimate of $1.51.

The company’s revenues amounted to $2.94 billion, up 10.8% year-on-year, slightly above expectations of $2.92 billion.

Booz Allen confirms revised earnings per share and revenue guidance for fiscal year

Booz Allen reaffirmed its previous full-year adjusted earnings per share guidance of $5.80 to $6.05, broadly below analysts’ consensus of $6.04. The company also left unchanged its previous revenue growth guidance of 8% to 11% on fiscal 2024 revenue of $10.7 billion.

“Our first-quarter results demonstrate our strategic and operational momentum,” said Chief Executive Officer (CEO) Horacio Rozanski. “We remain on track to achieve our fiscal year guidance and our multi-year investment thesis.”

Booz Allen Hamilton shares were down more than 10% at $137.84 as of 3 p.m. ET Friday. They are up about 8% since the beginning of the year.