trending Market Intelligence /marketintelligence/en/news-insights/trending/ikYV039YdTVaaLBKDQfR0w2 content esgSubNav
In This List

Rockwell Collins fiscal Q1 profit climbs 5.9% 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 Q1 profit climbs 5.9% YOY

Rockwell Collins Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2016, amounted to $1.01 per share, compared with the S&P Capital IQ consensus estimate of $1.14 per share.

EPS increased 6.7% year over year from 95 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $133.8 million, a gain of 5.9% from $126.3 million in the prior-year period.

The normalized profit margin climbed to 11.2% from 10.8% in the year-earlier period.

Total revenue climbed on an annual basis to $1.19 billion from $1.17 billion, and total operating expenses rose year over year to $964.0 million from $954.0 million.

Reported net income rose 9.3% on an annual basis to $145.1 million, or $1.10 per share, from $132.8 million, or $1 per share.