Booz Allen Hamilton (NYSE: BAH) reported Q3 EPS of $0.72, $0.13 better than the analyst estimate of $0.59. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.6 billion.

• Revenue: $1.66 billion, an increase of 13.1 percent.
• Revenue, Excluding Billable Expenses:1 $1.15 billion, an increase of 12.2 percent.
• Operating Income: $161.9 million, an increase of 26.0 percent; and Adjusted Operating Income:1 $161.9 million, an increase of 26.0 percent.
• Net Income: $132.0 million, an increase of 76.2 percent; and Adjusted Net Income:1 $103.0 million, an increase of 36.6 percent.
• EBITDA: $179.7 million, an increase of 23.8 percent; and Adjusted EBITDA:1 $179.7 million, an increase of 23.8 percent.
• Diluted EPS and Adjusted Diluted EPS:1 $0.92 and $0.72, respectively, up from $0.51 and $0.51, respectively.

“Our third quarter results put us on track for another successful year, with significant increases in earnings driven by organic revenue growth and excellent contract-level performance,” said Horacio Rozanski, president and chief executive officer. “Booz Allen is operating at the intersection of consulting, technology and mission, which allows us to create value for clients and deliver on the revenue, profit margin, and capital deployment goals outlined in our Investment Thesis.”

GUIDANCE:

Booz Allen Hamilton sees FY2019 EPS of $2.65-$2.75, versus the consensus of $2.65.

For earnings history and earnings-related data on Booz Allen Hamilton (BAH) click here.