Booz Allen Hamilton beats by $0.06, misses on revs; guides FY18 EPS in-line, revs in-line
- Reports Q1 (Jun) earnings of $0.53 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of $0.47; revenues rose 5.0% year/year to $1.49 bln vs the $1.52 bln Capital IQ Consensus.
- Co issues in-line guidance for FY18, sees EPS of $1.83-1.93 vs. $1.88 Capital IQ Consensus Estimate; sees FY18 revs of +4-7% to ~$6.036-6.210 bln vs. $6.17 bln Capital IQ Consensus Estimate.
- "For the last five years, Booz Allen has been building toward sustainable, quality growth by pursuing an innovation agenda and integrating advanced capabilities, mission knowledge, and consulting expertise into solutions that our clients need most," said Horacio Rozanski, President and Chief Executive Officer. "As fiscal year 2018 opens, Booz Allen is proud to see growth throughout our portfolio—continuing in our civil and global commercial markets, and accelerating in defense and intelligence."