Orbital Sciences Corp. (ORB) Tops Q3 EPS by 5c; Raises Lower-End of FY11 Outlook, Guides FY12

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Orbital Sciences Corp. (NYSE: ORB) reported Q3 EPS of $0.28, $0.05 better than the analyst estimate of $0.23. Revenue for the quarter came in at $342.2 million versus the consensus estimate of $344.99 million.

Orbital Sciences Corp. sees FY2011 EPS of $1.00-$1.05, versus prior guidance of $0.95-$1.05 and the consensus of $1.05. Orbital Sciences Corp. sees FY2011 revenue of $1.350-$1.375 billion, versus prior guidance of $1.325-$1.375 billion and the consensus of $1.37 billion.

Orbital Sciences Corp. sees FY2012 EPS of $0.95-$1.05, versus the consensus of $1.13. Orbital Sciences Corp. sees FY2012 revenue of $1.475-$1.525 billion, versus the consensus of $1.50 billion.

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