Rockwell Collins Reaffirms FY13 Outlook; Sees FY14 Below View - Quick Facts

(RTTNews) - Communications and aviation electronics maker Rockwell Collins Inc. (COL) said that it reaffirmed its fiscal year 2013 guidance, including sales of approximately $4.65 billion, earnings per share in the range of $4.55 to $4.60 and operating cash flow of about $600 million. Analysts polled by Thomson Reuters expect the company to report earnings of $4.62 per share and revenues of $4.64 billion for fiscal 2013. Analysts' estimates typically exclude special items.

Looking ahead for fiscal year 2014, the company expects earnings per share to be in the range of $4.30 to $4.50, revenue of $4.5 billion - $4.6 billion, and cash flow from operations of $550 million - $650 million. Total segment operating margins are expected to be in the range of 21% to 22%. Analysts expect the company to report earnings of $4.85 per share and revenues of $4.99 billion for fiscal 2014.

The guidance ranges exclude the impact of the planned acquisition of Arinc, which is expected to close shortly after receiving regulatory approval. The company stated that it will update the guidance ranges once the transaction has closed.

The company said in August that it agreed to acquire flight systems company Arinc, Inc., a portfolio company of private-equity giant Carlyle Group (CG), for $1.39 billion.