Booz Allen Hamilton Holding and Affiliated Managers are slated to unveil their financial numbers for the latest quarter on January 30

Published By: Angela Campbell on January 28, 2017 07:34 pm EST

Before the opening bell on Monday, January 30, Booz Allen Hamilton Holding Corporation (NYSE:BAH) and Affiliated Managers Group, Inc. (NYSE:AMG) are slated to unveil their financial numbers for respective third quarter of fiscal 2017 (3QFY17) and 4QFY16. Given the two businesses’ exceptional performances historically, projected numbers suggest that BAH and AMG stocks are once again expected to excel analysts’ expectations on top-line whereas BAH is also likely to exceed on bottom line.

 

Booz Allen Hamilton

For the third quarter (3Q), the Street projects the company’s earnings per share (EPS) to clock in at 40 cents. This represents about 2.5% year-over-year (YoY) expansion on the bottom line. However, the aforementioned estimate also indicates that the bottom-line is likely to shrink about 13% quarter-over-quarter (QoQ). On the other hand, Earningswhispers.com’s analysts predict higher-than-Street estimate of 42 cents this season.

 

Moreover, Booz Allen’s 3Q revenue is also expected to be reported at $1.37 billion, according to the Street’s estimate. However, Estimize.com looks forward to slightly higher top line of $1.38 billion, slightly lower than the company’s last quarter revenue of $1.39 billion. Nonetheless, the Street estimates imply a decline of 4.6% YoY.

 

Affiliated Managers

For the 4Q, Affiliated Managers have acquired consensus EPS forecast of $3.7 apiece. Given that the company reported $3.61 EPS for the prior year period, per share earnings are anticipated to grow about 2.5% YoY. However, profits per share might decline 22.5% QoQ.

 

Furthermore, the $7.85 billion company’s 3QFY16 and 4QFY15 revenue clocked in at $544.7 million and $589.8 million, respectively. For the upcoming results, the Street believes that the company will present $560.31 million revenue, suggesting that 5% YoY compression on top line is in sight alongside about 3% QoQ growth in revenue. Additionally, Estimize.com expects slightly higher net sales of $561.35 million for this quarter