RSS   Newsletter   Contact   Advertise with us
Post Online Media
Rockwell Collins   Earnings per share to be in the range of $5.20 to $5.40

Rockwell Collins expects revenue between $5.3 billion and $5.4 billion

Rockwell CollinsRockwell Collins announced guidance for fiscal year 2016. The company expects revenue between $5.3 billion and $5.4 billion, earnings per share in the range of $5.20 to $5.40, and cash flow from operations of $700 million to $800 million.

Total segment operating margins are expected to be about 21%. This financial guidance includes the impact of an estimated restructuring charge in the range of 10 to 15 cents of earnings per share, which is expected to be finalized in the first quarter of fiscal year 2016.

Article continues below

READ MORE Rockwell Collins posts 39% gain in Q4 profit

Air Transport aviation electronics sales are expected to grow high-single digits. Sales growth will be paced by higher deliveries of A350 and 787 aircraft to support their projected production ramps, higher inorganic revenues related to business acquisitions, higher customer-funded development program sales, and higher aftermarket service and support sales.

These areas of growth will be partially offset by lower A330 sales due to OEM rate reductions and lower regulatory mandate sales.

Business & regional aviation electronics sales are expected to decrease mid-single digits. Sales will decline primarily due to lower production rates of the Global 5000/6000 as well as the expectation of production cuts on other business jet platforms, partially offset by increases for the CSeries and Legacy 450/500 production ramps and higher aftermarket service and support and cabin retrofit sales.

Sales of wide-body in-flight entertainment products and services are expected to decrease by about 35%, or approximately $20 million, due to the company's decision to cease investing in this product area.

Government Systems fiscal year 2016 revenue is expected to be up low-single digits when compared to 2015, driven primarily by an increase in international sales. U.S. defense sales are expected to be about flat due to the continuing impacts of sequestration.

Increases in tanker/transport and GPS navigation sales are expected to be partially offset by lower JHMCS helmet and Firestorm product sales.

Information Management Services (IMS) sales are expected to grow high-single digits driven by growth in airline and business aviation related sales.




What to read next



 
 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy