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Booz Allen Hamilton +3% After Q4 Earnings - Here's Why

Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares are trading higher in the premarket session on Friday. The company reported fourth-quarter adjusted earnings per share of $1.33, beating the analyst consensus of $1.23. Quarterly sales of $2.771 billion beat the street view of $2.718 billion. The total backlog grew by 8.4%, reaching $33.8 billion, while the quarterly book-to-bill ratio stood at 0.82x. During the fourth quarter, the company achieved double-digit organic revenue ...