Booz Allen Reports Fiscal Q3 Earnings of $200 Million

Mclean, Va. (AP) — Booz Allen Hamilton Holding Corp. (BAH) reported fiscal third-quarter earnings of $200 million on Friday. The McLean-based defense contractor posted profit of $1.63 per share, with adjusted earnings of $1.77 per share. Results surpassed Wall Street expectations, as analysts had forecast $1.26 per share according to Zacks Investment Research. Revenue for the quarter totaled $2.62 billion, below the $2.73 billion expected by six analysts. For the full year, Booz Allen projects earnings between $5.95 and $6.15 per share, with revenue ranging from $11.3 billion to $11.4 billion. Shares of BAH have gained 14% year-to-date but declined 33% over the past 12 months.