Monthly Archives: August 2021

Booz Allen (BAH) Up on Transformation Moves, Debt Woe Stays

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Booz Allen Hamilton Holding Corporation (BAH Quick QuoteBAH ) is currently benefiting from its transformation and innovation strategies while its balance sheet remains debt-heavy.

The company recently reported first-quarter fiscal 2021 adjusted earnings per share of $1.07 that beat the Zacks Consensus Estimate by 11.5% and increased 15.1% on a year-over-year basis. Total revenues of $2 billion missed the consensus mark by 1.6% but increased 1.7% on a year-over-year basis.

Booz Allen’s shares have declined 5.9% over the past year against 2.3% growth of the....More>>>