Alliant Techsystems, Inc. (ATK) Handily Beats Q1 Views; Boosts FY13 Outlook Above Consensus

Alliant Techsystems, Inc. (NYSE: ATK) reported Q1 EPS of $2.16, $0.74 better than the analyst estimate of $1.42. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $963.7 million.

Orders were $1.1 billion, representing a book-to-bill ratio of approximately 1:1, driven by strong orders in the Defense and Sporting Groups.

Alliant Techsystems, Inc. sees FY2013 EPS of $7.00-$7.30, versus prior guidance of $6.25-$6.55 and the consensus of $6.46. Alliant Techsystems, Inc. sees FY2013 revenue of $4.05-$4.15 million, versus prior guidance of $4.0-$4.1 million and the consensus of $4.07 million.

For earnings history and earnings-related data on Alliant Techsystems, Inc. (ATK) click here.

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