Rockwell Collins Announces 2% Drop In Q2 Bottom Line

(RTTNews) - Rockwell Collins (COL) reported a profit for second quarter that declined compared to the same period last year.

The company said its earnings totaled $168 million, or $1.27 per share. This was down from $172 million, or $1.30 per share, in last year's second quarter.

Analysts had expected the company to earn $1.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.3% to $1.34 billion. This was up from $1.31 billion last year.

Rockwell Collins earnings at a glance:

-Earnings (Q2): $168 Mln. vs. $172 Mln. last year. -Earnings Decline (Y-o-Y): -2.3% -EPS (Q2): $1.27 vs. $1.30 last year. -EPS Decline (Y-o-Y): -2.3% -Analysts Estimate: $1.30 -Revenue (Q2): $1.34 Bln vs. $1.31 Bln last year. -Revenue Change (Y-o-Y): 2.3%

-Guidance: Full year EPS guidance: $4.50 - $4.70 Full year revenue guidance: $6.7 - $6.8 Bln