Booz Allen Hamilton Holding Corporation's stock surged 12.73% during intraday trading on Friday, following the release of its third-quarter fiscal 2026 financial results.

The significant price movement was driven by the company reporting adjusted earnings per share 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.

Investor sentiment was further bolstered by the company's updated full-year adjusted EPS outlook of $5.95 to $6.15, raised from its previous forecast of $5.45 to $5.65. The strong bottom-line performance and improved guidance, amid cost-cutting efforts and a record Q3 backlog of $38 billion, fueled the stock's sharp appreciation.