Rockwell Collins Inc. (COL) reported that its first-quarter net income decreased to $121 million or $0.76 per share from $151 million or $0.95 per share last year.
On average, 15 analysts polled by Thomson Reuters expected the company to report profit of $0.73 per share for the quarter. Analysts' estimates typically exclude special items.
Total sales were $1.03 billion compared to $1.06 billion last year. Analysts expected revenue of $1.03 billion for the quarter.
The company expects fiscal 2010 total sales to be in the rane of $4.6 billion-$4.8 billion. Earnings per share is expected to be in the range of $3.35-$3.55.
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