For the fiscal fourth quarter Booz Allen Hamilton reported earnings of 33 cents a share, beating analysts' estimates of 31 cents a share by 2 cents. Revenue fell -9.4% from the year-ago quarter to $1.4 billion, in-line with the $1.4 billion in revenue predicted by analysts surveyed by Thomson Reuters.
Despite the positive results investors were disappointed by the lack of a special dividend according to a note from Wells Fargo. Booz Allen Hamilton previously issued a special dividend to its shareholders, but didn't announce a new one, saying special dividends are now secondary priority behind acquisitions.
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TheStreet Ratings team rates BOOZ ALLEN HAMILTON HLDG CP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate BOOZ ALLEN HAMILTON HLDG CP (BAH) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."