CEDAR RAPIDS, Iowa (AP) _ Rockwell Collins Inc. (COL) on Friday reported fiscal second-quarter net income of $168 million.
The Cedar Rapids, Iowa-based company said it had net income of $1.27 per share. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.34 per share.
The results topped
The aviation electronics company posted revenue of $1.34 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.33 billion.
Rockwell Collins expects full-year earnings in the range of $5.95 to $6.15 per share, with revenue in the range of $6.7 billion to $6.8 billion.
Rockwell Collins shares have increased slightly more than 7 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 5 percent. The stock has climbed 6 percent in the last 12 months.
Keywords: Rockwell Collins, Earnings Report
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer