Booz Allen Hamilton (BAH) reported quarterly earnings of $1.49 per share, in line with expectations but down from $1.81 per share last year. The company missed revenue estimates, with shares down 22.1% year-to-date. Analysts are cautious about future performance, with a Zacks Rank #4 (Sell) due to unfavorable estimate revisions.
CBIZ (CBZ), another consulting services company, is set to report quarterly earnings on October 29. Expectations are for $0.94 per share, up 11.9% year-over-year, with revenues projected to increase by 62.7%. Investors are advised to monitor industry trends and earnings estimates for both BAH and CBZ moving forward.
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Read more at NASDAQ: Booz Allen Hamilton (BAH) Q2 Earnings Match Estimates
