logo
Share SHARE
FONT-SIZE Plus   Neg

Rockwell Collins Raises FY17 Sales, Free Cash Flow Guidance - Quick Facts

Rockwell Collins, Inc. (COL) announced its financial guidance for continuing operations for fiscal 2017 has been updated to include the impact of the B/E Aerospace acquisition completed on April 13, 2017. Total sales are now projected to be in a range of $6.7 billion to $6.8 billion, compared to prior guidance range of $5.3 billion to $5.4 billion. Free cash flow is now projected to be $650 million to $750 million, updated from previous guidance range of $600 million to $700 million. Adjusted earnings per share is expected to be in a range of $5.95 to $6.15.

Second-quarter earnings per share from continuing operations was $1.27 compared to $1.30 in the prior year. Earnings per share for the second quarter of fiscal year 2017 included 7 cents of B/E Aerospace acquisition-related expenses. Reported sales for the second quarter was $1.34 billion, a 2% increase from the same period prior year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
They say there's plenty of fish in the sea, but very few of them are as wealthy as these tycoons. May be they have been so busy building their empires they never had the time to stick with a perfect partner to build their family. This list of the richest singles is assorted — from a 34 year-old... Anthony Levandowski, the head of Uber's self-driving division, is stepping away from his role as Uber continues a legal battle with Waymo, Levandowski's former employer. Levandowski, who founded startup Otto, became head of Uber's Advanced Technologies Group or ATG after Otto was acquired by Uber in August 2016. Southwest Airlines Co. has decided to end the practice of overbooking flights, the airline's CEO Gary Kelly said Thursday. The airline's plan to end overbooking could be implemented from May 8, according to a Southwest spokeswoman.
comments powered by Disqus
Follow RTT