Rockwell Collins Q2 Profit Rises; Backs FY15 Outlook - Quick Facts

(RTTNews) - Rockwell Collins, Inc. (COL) reported second-quarter net income of $157 million or $1.17 per share, compared to $148 million or $1.08 per share, in the comparable quarter last year. Earnings per share from continuing operations rose 13% to $1.22 per share from $1.08 per share in the prior year period.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.21 for the quarter. Analysts' estimates typically exclude special items.

Total sales were $1.34 billion, up 7% from $1.26 billion in the comparable quarter last year. Analysts expected revenue of $1.30 billion for the quarter.

Looking ahead to fiscal 2015, the company continues to expect earnings to be in the a range of $5.10 to $5.30 per share and revenues between $5.2 billion and $5.3 billion. Analysts now expect earnings of $5.23 per share on revenue of $5.29 billion for the fiscal year 2015.