Booz Allen: Fiscal Q2 Earnings Snapshot

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal second-quarter earnings of $181 million.

On a per-share basis, the McLean, Virginia-based company said it had net income of $1.50. Earnings, adjusted for one-time gains and costs, came to $1.76 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The defense contractor posted revenue of $2.78 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.8 billion.

Booz Allen expects full-year earnings in the range of $6.50 to $6.70 per share, with revenue in the range of $11.3 billion to $11.6 billion.

Booz Allen shares have fallen almost 7% since the beginning of the year. The stock has dropped 20% in the last 12 months.

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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