earnings
confidence high
sentiment positive
materiality 0.75
Booz Allen Q3 adjusted EPS $1.07, revenue up 12%; raises FY guidance midpoint
Booz Allen Hamilton Holding Corp
2023-Q3 EPS reported
$2.54
revenue$6,825,650,000
- Q3 revenue $2.3B (+12.1% YoY); adjusted diluted EPS $1.07 (+4.9%); adjusted EBITDA $244M (+9.8%).
- Recorded $124.0M reserve for DOJ investigation; GAAP EPS $0.23 (down 75.8%) largely due to charge.
- Backlog grew 8.2% to $30.0B; LTM book-to-bill 1.38x; client headcount up 7.5% YoY.
- Raised FY2023 guidance: revenue growth to 9.5-10.5%, adjusted EBITDA $995-$1,015M, ADEPS $4.35-$4.50.
- Deployed $510.2M in Q3: $442.1M for EverWatch acquisition, $57.3M dividends, $10.8M buybacks.