trending Market Intelligence /marketintelligence/en/news-insights/trending/UV8Kxd6peS1JJjym_3dIIg2 content esgSubNav
In This List

Rockwell Collins fiscal Q2 profit climbs YOY

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Rockwell Collins fiscal Q2 profit climbs YOY

Rockwell Collins Inc. said its normalized net income for the fiscal second quarter ended March 31 amounted to $1.12 per share, compared with the S&P Capital IQ consensus estimate of $1.30 per share.

EPS climbed year over year from $1.11.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $148.8 million, an increase from $146.9 million in the prior-year period.

The normalized profit margin dropped to 11.1% from 11.2% in the year-earlier period.

Total revenue grew year over year to $1.34 billion from $1.31 billion, and total operating expenses climbed from the prior-year period to $1.08 billion from $1.07 billion.

Reported net income fell on an annual basis to $168.1 million, or $1.27 per share, from $172.0 million, or $1.30 per share.