ATK Sees 2013 Sales $4.0-4.1B vs 4.3B Est; EPS 6.00-6.30

ATK

announced the company's initial Fiscal Year 2013 (FY13) top level financial guidance. ATK expects FY13 sales of approximately $4.0 to $4.1 billion, and earnings per share (

) in a range of $6.00 to $6.30. ATK expects FY13 operating cash flow to be $225 to $250 million, which includes the impact of pension contributions of approximately $160 million. Capital expenditures are expected to be approximately $100 million. ATK also reaffirms its prior FY12 sales guidance of approximately $4.6 billion, EPS in a range of $7.65 to $7.75, and operating cash flow in a range of $355 to $380 million. Capital expenditures in FY12 are expected to be approximately $130 million.