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Alliant Techsystems Inc Raises FY 2014 Guidance

Thursday, 1 Aug 2013 07:01am EDT 

Alliant Techsystems Inc announced that it is raising its fiscal 2014 sales guidance, including Savage, to a range of approximately $4.3 billion to $4.38 billion, up from previous guidance of $4.05 billion to $4.15 billion. The increase is due to Savage and increased Sporting Group expectations, partially offset by the Company's current expectations around FY14 impacts likely resulting from sequestration. Full-year FY14 EPS guidance is now $8.60 to $9.00, up from previous guidance of $7.50 to $7.90, reflecting Savage, updated sales expectations, and improved operating performance. 

Company Quote

-1.61 -1.23%
24 Oct 2014