UPDATE: Rockwell Collins (COL) Tops Q3 EPS by 3c; Boosts Lower-End of FY15 Outlook
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Financial Fact:
Continuing operations: 1.63
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Rockwell Collins (NYSE: COL) reported Q3 EPS of $1.33, $0.03 better than the analyst estimate of $1.30. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.33 billion.
Fiscal Year 2015 Outlook
The following table is a summary of the company's financial guidance for continuing operations for fiscal year 2015, which has been updated from the guidance previously provided on April 23, 2015:
-- | Total sales | $5.25 billion to $5.30 billion (From $5.2 billion to $5.3 billion) (The Street sees $5.31 billion.) | |||
-- | Total segment operating margins | About 21.0% (From 20.5% to 21.5%) | |||
-- | Earnings per share | $5.15 to $5.25 (From $5.10 to $5.30) (The Street sees EPS of $5.24.) | |||
-- | Cash flow from operations | $725 million to $775 million (From $700 million to $800 million) | |||
-- | Total research & development investment | About $1 billion (1) | |||
-- | Capital expenditures | About $200 million | |||
-- | Full year income tax rate | About 28% (From 28% to 29%) | |||
(1) - Total research and development investment consists of company and customer funded research & development expenditures as well as the net increase in pre-production engineering costs capitalized within inventory.
For earnings history and earnings-related data on Rockwell Collins (COL) click here.
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