Booz Allen Hamilton Q2 Profit Rises - Quick Facts

(RTTNews) - Booz Allen Hamilton Holding Corp. (BAH), the parent company of management and technology consulting firm Booz Allen Hamilton, Inc., reported that its second-quarter net income increased to $67.81 million or $0.45 per share, compared to $46.12 million or $0.27 per share, last year. Adjusted net income was $70.10 million or $0.47 per share, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.37 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $1.38 billion, compared to $1.39 billion prior year, a decrease of 0.7 percent. Analysts expected revenue of $1.37 billion for the quarter.

The company reaffirmed its previous earnings guidance for fiscal 2014, which calls for earnings per share in the range of $1.47 to $1.57, and adjusted earnings per share in the range of $1.55 to $1.65. Analysts expect the company to report full year profit per share of $1.63.

The company authorized and declared both a regular quarterly cash dividend of $0.10 per share, and a special cash dividend of $1.00 per share, each payable on November 29, 2013, to stockholders of record on November 11, 2013.