Booz Allen Hamilton up after raising FY2027 profit forecast

Booz Allen Hamilton Holding

Today 12:34

** Shares of IT services and consulting firm Booz Allen Hamilton BAH.N up ~3% to $81 premarket
** Co beats Q2 profit estimates, raises fiscal year 2027 profit forecast 
** Expects fiscal 2027 adjusted EPS in the range of $6.50 to $6.70, from $6 to $6.35 previously
** Co sees FY2027 revenue of $11.3 billion to $11.6 billion, versus prior view of $11.2 billion to $11.7 billion; midpoint of range remains above analysts' expectation of $11.42 billion
** Reports quarterly adjusted EPS of $1.76, topping analysts' expectations of $1.49 - data compiled by LSEG
** Says profitability driven by "strong operational execution"
** Up to last close, BAH up about 5% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))