Booz Allen Hamilton +3% After Q4 Earnings - Here's Why

Booz Allen Hamilton Holding Corporation BAH shares are trading higher in the premarket session on Friday.

The company reported fourth-quarter adjusted earnings per share of $1.33, beating the analyst consensus of $1.23. Quarterly sales of $2.771 billion beat the street view of $2.718 billion.

The total backlog grew by 8.4%, reaching $33.8 billion, while the quarterly book-to-bill ratio stood at 0.82x.

During the fourth quarter, the company achieved double-digit organic revenue growth in federal defense and civil markets, solid growth in Adjusted EBITDA, increased quarterly backlog, and revealed expansion in headcount.

Booz Allen recorded a quarterly operating income of $264.43 million, compared with a $42.908 million loss a year ago.

As of March-end, the client staff headcount had risen by around 2,200 compared to the previous year, marking a 7.4% increase and approximately 400 higher than the end of the prior quarter.

Booz Allen exited the fourth quarter with cash and equivalents worth $554.26 million. Long-term debt, net of current portion, totals $3.349 billion.

The company announced a quarterly dividend of $0.51 per share, scheduled to be paid on June 28 to shareholders of record as of June 13.

Outlook: Booz Allen expects FY25 revenue growth to be 8.0%–11.0% year over year versus an estimate of $11.48 billion. The company sees adjusted EPS of $5.80–$6.05 versus the $5.92 estimate.

Price Action: BAH shares are trading higher by 3.7% to $158.00 premarket at last check Friday.

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