Rockwell Collins Inc. (COL) reported second-quarter net income of $161 million, the same as last year. Profit per share was $1.17, compared to $1.09 prior year. The 7% increase in earnings per share was due to the favorable effect of the company's share repurchase program. Total sales decreased to $1.13 billion from $1.16 billion last year.
Net income, as adjusted, was $142 million or $1.04, compared to $141 million or $0.95 per share last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report profit of $1.17 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.13 billion for the quarter.
Rockwell Collins updated its fiscal year 2013 financial guidance. The company now expects fiscal 2013 total sales in between $4.6 billion and $4.7 billion, profit per share in the range of $4.45 to $4.65. Analysts expect the company to report fiscal 2013 profit per share of $4.60 on revenue of $4.65 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.