Why Booz Allen Hamilton (BAH) stock is up today

Shares of government consulting firm Booz Allen Hamilton (NYSE:BAH) jumped 7.8% in the afternoon session after it rebounded from the previous session as the company reported fiscal second-quarter results with adjusted earnings above analyst estimates and raised its full-year earnings outlook. According to the company’s press release, Booz Allen posted adjusted earnings of $1.76 a share for the quarter ended Sept. 30, up 18% from a year earlier and above the $1.48 consensus. Revenue was $2.78 bil