Alliant Techsystems Earnings Preview: Can This Streak Continue?

Alliant Techsystems (NYSE:ATK) will report earnings before markets open on Thursday, May 2nd. Alliant Techsystems Inc. develops and supplies advanced weapon and space systems. The Company’s offerings include advanced missile systems, precision-guided munitions, electronic warfare and aircraft integration programs, satellite components and sub-systems, military ammunition and gun systems, and supplies ammunition to law enforcement agencies.

Here is your Cheat Sheet to Alliant Techsystems Earnings:

Earnings Expectations: Analysts expect earnings of $1.99 per share on revenues of $1.09 billion. Currently, the company’s P/E ratio stands at 9.20.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.73 to a profit $1.86. For the current year, the average estimate is a profit of $8.07, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Alliant Techsystems has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,172 4,583 4,808 4,842 4,613
Diluted EPS ($) 6.32 4.14 8.33 9.32 7.93

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,117 1,311 1,082 1,070 1,056
Diluted EPS ($) 1.51 1.867 2.16 2.00 1.93

Past Performance:
Alliant Techsystems has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]