Rockwell Collins Bottom Line Drops 21% In Q1

(RTTNews) - Rockwell Collins (COL) announced earnings for first quarter that retreated compared to the same period last year.

The company said its bottom line dropped to $133 million, or $1.00 per share. This was lower than $169 million, or $1.26 per share, in last year's first quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.9% to $1.17 billion. This was down from $1.23 billion last year.

Rockwell Collins earnings at a glance:

-Earnings (Q1): $133 Mln. vs. $169 Mln. last year. -Earnings Decline (Y-o-Y): -21.3% -EPS (Q1): $1.00 vs. $1.26 last year. -EPS Decline (Y-o-Y): -20.6% -Analysts Estimate: $1.00 -Revenue (Q1): $1.17 Bln vs. $1.23 Bln last year. -Revenue Change (Y-o-Y): -4.9%

-Guidance: Full year EPS guidance: $5.45 - $5.65 Full year revenue guidance: $5.3 - $5.4 Bln