Booz Allen Hamilton Holding Corporation's stock surged 7.04% during pre-market trading on Friday, following the release of its third-quarter fiscal 2026 financial results.
The significant pre-market gain was driven by the company reporting adjusted earnings per share (EPS) of $1.77, which substantially exceeded the FactSet consensus estimate of $1.29. This represents a 14.2% year-over-year increase in adjusted EPS. While quarterly revenue of $2.62 billion came in below the $2.75 billion estimate, investors focused on the profitability beat and the company's record Q3 backlog of $38 billion.
The strong bottom-line performance, coupled with the company's updated full-year adjusted EPS outlook of $5.95 to $6.15, appears to have bolstered investor confidence, leading to the sharp pre-market price appreciation.