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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Colliers Intl | LSE:COL | London | Ordinary Share | GB0030531205 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
DOW JONES NEWSWIRES
Rockwell Collins Inc. (COL) trimmed its fiscal-year revenue target and sees earnings at the low end of expectations amid restructuring efforts, but it gave a view for the new year than includes revenue above analysts' estimates.
The company has been hurt by weakness in its commercial jet-systems business as business-jet demand wanes. Rockwell Collins' earnings fell 17% in the third quarter as the company's steadier defense business helped.
Rockwell Collins, which supplies aircraft makers with cabin electronics and flight controls, also supplies avionics equipment to Boeing Co.'s (BA) 787 Dreamliner plane, which Boeing has repeatedly delayed.
Rockwell Collins on Thursday projected earnings for the year ending Sept. 30 of $3.70 to $3.75 a share, to low end of its thrice-cut forecast, while revenue estimates were lowered $50 million to $4.5 billion. The latest earnings view includes an 8-cent a share restructuring charge.
But it sees profit for the coming year of $3.35 to $3.55 a share on revenue of $4.6 billion to $4.8 billion. The mean estimates of analysts surveyed by Thomson Reuters were $3.45 a share and $4.6 billion, respectively.
Rockwell Collins shares closed $48.74 Wednesday and weren't active premarket. The stock is up 25% this year.
-By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com
1 Year Colliers Intl Chart |
1 Month Colliers Intl Chart |
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