Rockwell Collins (NYSE: COL ) reported earnings on Jan. 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Rockwell Collins beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share increased.
Gross margins dropped, operating margins expanded, net margins grew.
Rockwell Collins booked revenue of $1.06 billion. The 14 analysts polled by S&P Capital IQ looked for revenue of $1.04 billion on the same basis. GAAP reported sales were 2.9% lower than the prior-year quarter's $1.09 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.94. The 17 earnings estimates compiled by S&P Capital IQ averaged $0.90 per share. GAAP EPS of $0.94 for Q1 were 9.3% higher than the prior-year quarter's $0.86 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 20.1%, 920 basis points worse than the prior-year quarter. Operating margin was 18.3%, 40 basis points better than the prior-year quarter. Net margin was 12.4%, 50 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.13 billion. On the bottom line, the average EPS estimate is $1.06.
Next year's average estimate for revenue is $4.63 billion. The average EPS estimate is $4.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 341 members out of 360 rating the stock outperform, and 19 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Rockwell Collins a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rockwell Collins is outperform, with an average price target of $58.44.
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