BUZZ-Booz Allen gains after quarterly results beat estimates
Reuters2026/07/24 12:30** Shares of IT services and consulting firm Booz Allen Hamilton BAH.N rise 2.6% to $67.60 in premarket trading
** Co forecasts FY adj. EPS to $6.00-$6.35 and revenue in the range of $11.2 bln-$11.70 bln vs analysts' est of EPS $6.29 and revenue of $11.64 bln, as per LSEG data
** BAH beats analysts' expectations on Q1 profit, revenue
** Co says demand accelerating across national security portfolio
** OpenAI previously partnered with co for AI-powered defense and commercial solutions
** As of last close, stock has fallen nearly 22% YTD
(Reporting by Anand Gopal R)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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