BUZZ-IT firm Booz Allen falls after forecasting full-year revenue, profit below estimates

Reuters
23 May
BUZZ-IT firm Booz Allen falls after forecasting full-year revenue, profit below estimates

** Shares of IT services and consulting firm Booz Allen Hamilton BAH.N fall 14.4% to $110.48 premarket

** Company forecasts FY26 revenue at $12 billion to $12.5 billion and adjusted EPS at $6.20 to $6.55

** Analysts on average are estimating annual revenue of $12.86 billion and profit of $6.87 per share, according to data compiled by LSEG

** BAH reports Q4 revenue of $2.97 billion, compared with the estimate of $3.03 billion

** As of last close, shares up 0.33% YTD

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))

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