Booz Allen: Fiscal 2Q Earnings Snapshot

MCLEAN, Va. (AP) _ Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal second-quarter profit of $114.3 million.

On a per-share basis, the McLean, Virginia-based company said it had net income of 80 cents. Earnings, adjusted for one-time gains and costs, came to 81 cents per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The defense contractor posted revenue of $1.82 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $1.77 billion.

Booz Allen expects full-year earnings in the range of $3 to $3.10 per share.

Booz Allen shares have increased 56% since the beginning of the year. The stock has risen 42% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAH at https://www.zacks.com/ap/BAH