The Zacks Analyst Blog Highlights: Alliant Techsystems, Concur Technologies, Expedia, NQ Mobile and Progress Software

 The Zacks Analyst Blog Highlights: Alliant Techsystems, Concur Technologies,
                   Expedia, NQ Mobile and Progress Software

PR Newswire

CHICAGO, May 1, 2013

CHICAGO, May 1, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Alliant Techsystems (NYSE:ATK),
Concur Technologies, Inc. (Nasdaq:CNQR), Expedia Inc. (Nasdaq:EXPE), NQ Mobile
Inc. (NYSE:NQ) and Progress Software Corp. (Nasdaq:PRGS).

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Here are highlights from Tuesday's Analyst Blog:

Alliance Tech to Beat Earnings Expectations

We expect aerospace and defense company Alliant Techsystems (NYSE:ATK) to beat
expectations when it reports fourth quarter fiscal 2013 results on May 2.

Why a Likely Positive Surprise?

Our proven model indicates that Alliant Techsystems is likely to beat earnings
because it has the right combination of two key ingredients.

Positive Zacks ESP: Expected Surprise Prediction or ESP, (Read: Zacks Earnings
ESP: A Better Method) which represents the difference between the Most
Accurate estimate and the Zacks Consensus Estimate, is at +9.14%. This is a
leading indicator of a likely positive earnings surprise for the shares.

Zacks Rank #3 (Hold): The stocks with Zacks Ranks of #1, #2 and #3 have a
significantly higher chance of beating earnings. The Sell rated stocks (#4 and
#5) should be avoided going into an earnings announcement.

The combination of Alliant Techsystems's Zacks Rank #3 (Hold) and +9.14% ESP
makes us confident of an earnings beat on May 2.

What is Driving Better-than-Expected Earnings?

Alliant Techsystems reported positive earnings surprises in the last eight
quarters. We expect the trend to continue in the to-be-reported quarter as
well. The results would be driven by ATK's solid performance in its core
markets and better management of its expenses.

In addition, the diverse revenue stream of the company, its competitiveness
edge and operational efficiency will further strengthen its performance. This
will enable ATK to meet its guidance set earlier.

Concur Partners with StayinFront

Concur Technologies, Inc. (Nasdaq:CNQR), a global company providing integrated
travel and expense management solutions, recently entered into a partnership
with StayinFront Inc. to extend its services. StayinFront is a premier global
provider of cloud-based customer relationship management (CRM) solutions to
diversified companies.

StayinFront offers mobile access for field executives in the pharmaceutical
industry, using Androids, iPads and iPhones. Its CRM software is currently
available on demand, which is used on premises globally by many companies.

This partnership will make the two CRM solutions of StayinFront, named
StayinFront TouchRx andStayinFront EdgeRxapplications available in the new
Concur App Center. The new App centre from Concur is primarily targeted
towards simplifying call and expense reporting for business travelers. The use
of this App will enable the field sales representatives work more efficiently
by reducing reporting time due to a single point data entry requirement rather
than multiple data entry system of the erstwhile setup and increased focus on
business.

This partnership, combining the best of both the companies, will be yet
another addition to the bouquet of multiple partnerships of Concur. In the
last few months, the company entered into a number of strategic partnerships
with various companies. These include Egencia, the business travel division of
Expedia Inc. (Nasdaq:EXPE), Universal VAT Services, and privately-owned
company conTgo. Such aggressive partnership strategy is expected to benefit
Concur in the lon run and augment its revenues.

Concur currently holds a Zacks Rank #3 (Hold). Other players in the industry
include NQ Mobile Inc. (NYSE:NQ) and Progress Software Corp. (Nasdaq:PRGS),
each having a Zacks Rank #1 (Strong Buy).

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