Booz Allen Hamilton ( BAH ) shares sank Friday after the company missed earnings expectations for its fiscal 2025 first quarter.

The global management and technology consulting company posted diluted earnings per share (EPS) of $1.27, below analysts’ expectations of $1.43, according to Visible Alpha. Adjusted EPS of $1.38 also missed the consensus estimate of $1.51.

The firm’s revenue of $2.94 billion, 10.8% higher than the same period last year, slightly beat expectations of $2.92 billion.

Booz Allen Affirms FY Adjusted EPS, Revenue Guidance

Booz Allen affirmed its previous guidance for full-year adjusted EPS of between $5.80 and $6.05, mostly below analysts’ consensus estimate of $6.04. It also left unchanged its prior forecast of 8% to 11% revenue growth from its fiscal 2024 revenue of $10.7 billion.

“Our first-quarter performance demonstrates our strategic and operational momentum,” Chief Executive Officer (CEO) Horacio Rozanski said. “We are on track to achieve our fiscal-year guidance and our multiyear investment thesis .”

Shares of Booz Allen Hamilton dropped more than 10% to $137.84 as of 3 p.m. ET Friday. They are up roughly 8% year-to-date.