Booz Allen Boosts Profit Outlook as Cost Cuts Take Hold

Dow Jones
Jan 23
 

By Nicholas G. Miller

 

Booz Allen Hamilton raised its profit outlook for the fiscal year as its cost-cutting efforts, prompted by the Trump administration's cuts to government-contract funding for consultants, begin to boost its bottom line.

The company on Friday reported third-quarter net income of $200 million, or $1.63 a share, up from $187 million, or $1.45 a share, the year prior.

Adjusted earnings were $1.77 a share. Analysts polled by FactSet expected $1.29 a share.

Revenue fell 10% to $2.62 billion. Wall Street expected $2.75 billion.

The company boosted its fiscal-year adjusted-earnings guidance to $5.95 to $6.15 a share, up from its previous forecast of $5.45 to $5.65 a share. It updated its revenue outlook to $11.3 billion to $11.4 billion, compared with its previous forecast of $11.3 billion to $11.5 billion. Analysts see fiscal-year revenue of $11.4 billion and adjusted earnings of $5.62 a share.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

January 23, 2026 07:03 ET (12:03 GMT)

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