Booz Allen Hamilton up 14% on Strong Earnings and Guidance
Booz Allen Hamilton (NYSE: BAH) is trading higher on the session following its Q4 earnings announcement. The company reported an EPS of $0.44 vs $0.41 estimates and revenues of $1.54 billion vs $1.55 billion estimates. Booz Allen Hamilton also guided FY13 EPS of $1.71-1.81 vs $1.72 estimates.
Ralph W. Shrader, Booz Allen's Chairman, CEO, and President, stated: “We continued to grow revenue organically in all of our major government markets – defense, intelligence, and civil – and we expanded our commercial and international business this year following the expiration of the non-compete agreement with our spin-off company on July 31, 2011. We grew net income, EBITDA, and earnings per share, demonstrating our ability to manage our business well despite a challenging market environment.”
Booz Allen Hamilton is currently trading at $16.98, a gain of $2.10 or 14.11%.
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