NEW YORK (TheStreet) -- Shares of Booz Allen Hamilton (BAH) were falling 9.3% to $25.84 on heavy trading volume Thursday after the management services company missed analysts' estimates for earnings in the fiscal fourth quarter.
Booz Allen reported earnings of 30 cents a share for the fourth quarter, missing analysts' estimates of 33 cents a share for the quarter. Revenue fell 4.3% year over year to $1.34 billion for the fourth quarter, compared to analysts' estimates of $1.2 billion for the quarter.
Looking to fiscal 2016 Booz Allen said it expects to report earnings of $1.60 to $1.70 a share. Analysts expect the company to report earnings of $1.63 a share for the fiscal year.
About 1.5 million shares of Booz Allen were traded by 10:27 a.m. Thursday, above the company's average trading volume of about 607,000 shares a day.
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 a few notable strengths, 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 revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows low profit margins."
You can view the full analysis from the report here: BAH Ratings Report