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Why Booz Allen Hamilton Stock Popped Friday

TheMotleyFool

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Booz Allen Hamilton (NYSE: BAH), the defense contractor no one had ever heard of before its employee Edward Snowden leaked government secrets back in 2013, reported a powerful earnings beat this morning, sending its shares soaring 9.2% through 11:30 a.m. ET.

Analysts forecast Booz would earn $1.27 per share, adjusted for one-time items, on sales of $2.7 billion in fiscal Q3 2026. Booz missed the sales forecast, reporting revenue of only $2.6 billion, but crushed on earnings, reporting $1.77 per share.

Image source: Getty Images.

Source Fool.com

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