Stock Track | Booz Allen Hamilton Soars 12.73% Intraday on Strong Q3 Earnings Beat and Raised Profit Outlook
Stock Track
Jan 23
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.