Rockwell Collins Q4 Profit Declines; Backs FY15 Outlook - Quick Facts

(RTTNews) - Rockwell Collins, Inc. (COL) reported fourth-quarter income of $167 million or $1.23 per share, compared to $175 million or $1.28 per share, in the fourth quarter of last year.

Net income from continuing operations for the latest fourth quarter was $173 million or $1.27 per share, down from $175 million or $1.28 per share last year. Adjusted net income from continuing operations rose to $177 million or $1.30 per share from $164 million or $1.20 per share in the prior year quarter.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $1.27 for the quarter. Analysts' estimates typically exclude special items.

Total sales were $1.40 billion, up 15% from $1.22 billion in the comparable quarter last year. Analysts expected revenue of $1.36 billion for the quarter.

Looking ahead to fiscal 2015, the company said it still expects earnings per share in the range of $4.90 to $5.10, revenues between $5.2 billion and $5.3 billion and cash flow from operations of $675 million to $775 million. Analysts now expect earnings of $5.01 per share on $5.27 billion in revenue for the fiscal year 2015.