Overview
- Booz Allen reported quarterly profit that beat analyst forecasts with adjusted earnings of $1.78 per share and GAAP earnings of $1.68 per share.
- Revenue for the quarter came in at $2.78 billion, below the Street’s roughly $2.87–$2.88 billion consensus.
- Before the report analysts had expected lower year-over-year EPS and slightly reduced revenue, figures published via Benzinga Pro showed.
- The company pays a quarterly dividend of $0.59, an annualized $2.36 that yields about 3.05%, and calculations show roughly $196,878 or 2,542 shares would be needed to generate $500 per month in dividends.
- Booz Allen recently added Ryan P. Nolan to its board, the stock showed a small uptick to about $77.45, and management offered full-year guidance that will be watched for signs of revenue recovery and dividend support.