Rockwell Collins beats by $0.01, beats on revs; reaffirms FY15 guidance
Reports Q2 (Mar) earnings of $1.22 per share, $0.01 better than the Capital IQ Consensus Estimate of $1.21; revenues rose 5.4% year/year to $1.34 bln vs the $1.3 bln consensus.
- Co issues reaffirms guidance for FY15, sees EPS of $5.10-5.30 vs. $5.23 Capital IQ Consensus Estimate; sees FY15 revs of $5.2-5.3 bln vs. $5.29 bln Capital IQ Consensus Estimate.
- "Our performance in the first half of fiscal 2015 is underscored by another quarter of double digit EPS growth driven by organic sales and earnings growth across all of our businesses,"