Core Insights - Booz Allen Hamilton reported disappointing fiscal second-quarter results, with adjusted EPS of $1.49, missing the analyst consensus estimate of $1.51, and quarterly sales of $2.89 billion, down 8.1% year-on-year, also missing the expected $2.99 billion [1] Financial Performance - Fiscal 2026 revenue is now expected to be between $11.3 billion and $11.5 billion, a reduction from the previous forecast of $12.00 billion to $12.50 billion, compared to the analyst consensus estimate of $12.11 billion [2] - The adjusted EPS outlook has been revised to a range of $5.45 to $5.65, down from the prior outlook of $6.20 to $6.55, against the consensus estimate of $6.31 [2] Market Commentary - The company's second-quarter results reflect a bifurcated market, with strong demand for its technologies in cybersecurity, artificial intelligence, and warfighting, leading to new contract wins [3] - Following the earnings announcement, Booz Allen Hamilton shares fell 3.6% to $88.13 [3] Analyst Ratings - JP Morgan analyst Seth Seifman maintained an Underweight rating on Booz Allen Hamilton and lowered the price target from $122 to $90 [5] - Goldman Sachs analyst Noah Poponak maintained a Sell rating and reduced the price target from $93 to $80 [5]