18-Sep-2009 11:23 AM

Rockwell Collins narrows FY2009 guidance

Rockwell Collins has revised (17-Sep-2009) its FY2009 guidance to narrow the expected range of earnings per share from USD3.70-USD3.90 to USD3.70-USD3.75, which incorporates approximately a USD20 million charge for facility consolidation, asset impairments and other restructuring costs. Details of FY2009 and FY2010 forecasts include:

  • FY2009:
    • Revenue: USD4.5 billion, from previous forecast of USD4.55 billion;
    • Operating margin: 21%-21.5%, from 21%;
  • FY2010:
    • Revenue: USD4.6 billion to USD4.8 billion;
      • Commercial Systems: -7%;
    • Operating margin: 18.5% to 19.5%;
    • Earnings per share: USD3.35 to USD3.55. [more]