MCLEAN, Va. (AP) _ Booz Allen Hamilton Holding Corp. (BAH) on Friday reported fiscal first-quarter net income of $92.1 million.
On a per-share basis, the McLean, Virginia-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 96 cents per share.
The defense contractor posted revenue of $1.99 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $2.02 billion.
Booz Allen expects full-year earnings in the range of $4.10 to $4.30 per share.
Booz Allen shares have increased almost 3% since the beginning of the year. The stock has risen 17% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAH at https://www.zacks.com/ap/BAH
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