Core Insights - Booz Allen Hamilton (BAH) reported revenue of $2.77 billion for the quarter ended March 2024, reflecting a year-over-year increase of 13.9% [1] - Earnings per share (EPS) for the quarter was $1.33, up from $1.01 in the same quarter last year, representing a surprise of +9.02% over the consensus estimate of $1.22 [1] Revenue Performance - Revenue excluding billable expenses was $1.93 billion, slightly above the average estimate of $1.91 billion, marking a year-over-year increase of 13.7% [2] - Revenue from Global Commercial Clients was $45.86 million, slightly exceeding the average estimate of $45.23 million, but down 3% year-over-year [2] - Revenue from U.S. Government-Civil Clients was $944.23 million, below the average estimate of $964.21 million, but up 14.5% year-over-year [2] - Total revenue from U.S. Government clients reached $2.73 billion, surpassing the estimated $2.66 billion, with a year-over-year increase of 14.2% [2] - Revenue from U.S. Government-Defense Clients was $1.34 billion, exceeding the average estimate of $1.24 billion, reflecting an 18.5% year-over-year increase [2] - Revenue from U.S. Government-Intelligence Clients was $444.47 million, slightly below the average estimate of $453.05 million, with a year-over-year change of +2.6% [2] Stock Performance - Booz Allen's shares have returned +4.9% over the past month, outperforming the Zacks S&P 500 composite's +4% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Booz Allen (BAH) Reports Q4 Earnings: What Key Metrics Have to Say