Booz Allen Hamilton Holding Corporation (BAH) is scheduled to report its third-quarter fiscal 2024 results on Jan 26, before the bell.The company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the past four quarters and missing once, delivering an average surprise of 7.7%.Q3 ExpectationsThe consensus estimate for revenues in the to-be-reported quarter is pegged at $2.5 billion, indicating 11.1% growth from the year-ago quarter’s actual figure. A number ...

Booz Allen Hamilton (BAH) revealed today that its corporate venture capital entity, Booz Allen Ventures, LLC, has strategically invested in Albedo, the pioneering firm operating satellites in very low earth orbit (VLEO).The investment enables Albedo to provide ultra-high-resolution commercial imagery from space, marking a significant step in bolstering space capabilities with cutting-edge technology.Albedo is a groundbreaking space company, the first to operate VLEO satellites. Specializing in ultra-high-re ...

The Zacks Business Services sector has had a strong fourth quarter of 2023, driven by an improving global macroeconomic environment, strong demand for services, improving supply chains and strong digital adoption. However, labor market constraints and contracting economic activity in the manufacturing sector remained headwinds.Per the latest Earnings Trend report, earnings of S&P 500 members of the business services sector that have reported results this season grew 6% year over year on 3.3% revenue growth, ...

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Booz Allen Hamilton (BAH) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 26, 2024, might help the stock move higher if these key numbers are bet ...

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Second Front Systems™ (2F), a public-benefit corporation accelerating the delivery of mission-critical solutions in the U.S., Europe, Australia, and for NATO. This investment supports and further powers 2F’s Game Warden DevSecOps Platform, a first-of-its-kind tool that configures, secures, and deploys Impact Level (IL) 1-7 accre ...

Booz Allen Hamilton (BAH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...

MCCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced that it was awarded a two-year, $10 million contract from the U.S. Navy to design, implement, test, and operate a private 5G cellular network and asset tracking solution in Guam. This contract win marks Booz Allen’s first 5G full-scale implementation in the Indo-Pacific region and will enable the Navy and the Department of Defense (DOD) to maximize mission success in the region by providing the technology that improves communi ...

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced it will collaborate with L3Harris Technologies (NYSE: LHX) on advancing leading mission system integration capabilities to address the Department of Defense’s (DOD) critical need to modernize and rapidly enable Combined Joint All-Domain Command & Control (CJADC2) to support the future warfighter in contested environments. This strategic cooperation will enable the accelerated development and delivery of Booz Allen’s Distributed ...