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Unveiling Booz Allen (BAH) Q1 Outlook: Wall Street Estimates for Key Metrics
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Analysts on Wall Street project that Booz Allen Hamilton (BAH - Free Report) will announce quarterly earnings of $1.45 per share in its forthcoming report, representing an increase of 5.1% year over year. Revenues are projected to reach $2.94 billion, declining 0.1% from the same quarter last year.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Booz Allen metrics that Wall Street analysts commonly model and monitor.
Analysts forecast 'Revenue by Customer Type- U.S. Government- Defense Clients' to reach $1.53 billion. The estimate indicates a change of +8.1% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenue by Customer Type- U.S. Government- Civil Clients' of $973.22 million. The estimate indicates a change of -8.5% from the prior-year quarter.
Analysts expect 'Revenue by Customer Type- U.S. Government- Intelligence Clients' to come in at $483.07 million. The estimate indicates a change of +4.8% from the prior-year quarter.
Based on the collective assessment of analysts, 'Total Backlog' should arrive at $40.23 billion. The estimate is in contrast to the year-ago figure of $36.18 billion.
Shares of Booz Allen have experienced a change of +8.6% in the past month compared to the +5.9% move of the Zacks S&P 500 composite. With a Zacks Rank #5 (Strong Sell), BAH is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unveiling Booz Allen (BAH) Q1 Outlook: Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Booz Allen Hamilton (BAH - Free Report) will announce quarterly earnings of $1.45 per share in its forthcoming report, representing an increase of 5.1% year over year. Revenues are projected to reach $2.94 billion, declining 0.1% from the same quarter last year.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Booz Allen metrics that Wall Street analysts commonly model and monitor.
Analysts forecast 'Revenue by Customer Type- U.S. Government- Defense Clients' to reach $1.53 billion. The estimate indicates a change of +8.1% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenue by Customer Type- U.S. Government- Civil Clients' of $973.22 million. The estimate indicates a change of -8.5% from the prior-year quarter.
Analysts expect 'Revenue by Customer Type- U.S. Government- Intelligence Clients' to come in at $483.07 million. The estimate indicates a change of +4.8% from the prior-year quarter.
Based on the collective assessment of analysts, 'Total Backlog' should arrive at $40.23 billion. The estimate is in contrast to the year-ago figure of $36.18 billion.
View all Key Company Metrics for Booz Allen here>>>Shares of Booz Allen have experienced a change of +8.6% in the past month compared to the +5.9% move of the Zacks S&P 500 composite. With a Zacks Rank #5 (Strong Sell), BAH is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .