Booz Allen's Earnings: A Missed Mark?

Booz Allen Hamilton just released its Q2 earnings: $1.42 per share, or $1.49 adjusted, hitting analyst expectations. Revenue, however, fell short at $2.89 billion versus the predicted $2.98 billion. Despite the revenue miss, Booz Allen maintains its full-year guidance, projecting $5.45 to $5.65 EPS and $11.3 to $11.5 billion in revenue. The market hasn't been kind; the stock is down 22% YTD and nearly 40% over the last 12 months. All eyes are on whether Booz Allen can meet its projections and reignite revenue growth amidst increasing competition.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.