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.
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 $8.07, which is better than the estimate ninety days ago.
Here’s how Alliant Techsystems has been performing on an annual basis:
|Revenue ($) 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|
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] wallstcheatsheet.com)