Booz Allen Hamilton Announces Q4 and Fiscal Year 2024 Results
Booz Allen Hamilton (
BAH) delivered strong fiscal fourth-quarter results for 2024, with earnings per share (EPS) growing by 32% to $1.33 and revenue increasing by 14% to $2.77 billion. The company also raised its outlook for fiscal 2025, forecasting adjusted EPS of $5.80 to $6.05 and revenue growth of 8% to 11%.
This performance is driven by increased government spending on defense and AI projects, as well as strong demand for IT modernization.
Technical Outlook
BAH is up 5.40% as of the time of writing riding high with the Relative Strength Index (RSI) and the Moving Average Convergence Divergence index (MACD) all indicating bullish trend.
BAH) delivered strong fiscal fourth-quarter results for 2024, with earnings per share (EPS) growing by 32% to $1.33 and revenue increasing by 14% to $2.77 billion. The company also raised its outlook for fiscal 2025, forecasting adjusted EPS of $5.80 to $6.05 and revenue growth of 8% to 11%.This performance is driven by increased government spending on defense and AI projects, as well as strong demand for IT modernization.
Technical Outlook
BAH is up 5.40% as of the time of writing riding high with the Relative Strength Index (RSI) and the Moving Average Convergence Divergence index (MACD) all indicating bullish trend.
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