Booz Allen Hamilton falls despite earnings beat

Booz Allen Hamilton Holding dropped 3.3% in morning trading on Friday after the company reported second quarter fiscal 2027 results that showed mixed performance.

The consulting firm posted adjusted earnings per share of $1.76, beating analyst expectations of $1.48 by nearly 19%. Revenue came in at $2.78 billion, missing the $2.81 billion estimate and declining 3.9% from the same period last year.

The Civil and Commercial segment fell roughly 15% year-over-year to $702 million. Procurement delays and contract recompetes weighed on the top line results.

Free cash flow decreased 33.4% year-over-year to $263 million.

The company raised its full-year adjusted earnings per share guidance to a range of $6.50 to $6.70, up from the prior range of $6.00 to $6.35. Revenue guidance was narrowed to $11.3 billion to $11.6 billion.

Analyst ratings for the stock include one buy, twelve holds, and eight sells. The stock opened higher in pre-market trading before turning negative after the regular session began.

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