Rockwell Collins Inc. First Quarter Earnings Preview

S&P 500 (NYSE:SPY) component Rockwell Collins, Inc. (NYSE:COL) will unveil its latest earnings on Thursday, January 19, 2012. Rockwell Collins designs and produces communications and aviation electronics for commercial and military customers across the globe.

Rockwell Collins, Inc. Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 86 cents per share, a decline of 10.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 95 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 87 cents during the last month. For the year, analysts are projecting net income of $4.48 per share, a rise of 13.7% from last year.

Past Earnings Performance: Last quarter, the company missed estimates by 12 cents, coming in at profit of $1.02 per share against an estimate of net income of. In the third quarter of the last fiscal year, the company also missed expectations.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 1.8% in revenue from the year-earlier quarter to $1.09 billion.

Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, one rating it as a sell and six rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 16.7% to $175 million ($1.13 a share) from $150 million (94 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 1.1% to $1.3 billion from $1.28 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 11.3% in the third quarter of the last fiscal year and 1.4% in the second quarter of the last fiscal year.

Revenue rose in the fourth quarter of the last fiscal year after seeing a drop the quarter before. In the third quarter of the last fiscal year, revenue fell 2%.

Competitors to Watch: The Boeing Company (NYSE:BA), Honeywell Intl. Inc. (NYSE:HON), BAE Systems PLC (BAESY), General Dynamics Corp. (NYSE:GD), Elbit Systems Ltd. (NASDAQ:ESLT), L-3 Communications Hldgs., Inc. (NYSE:LLL), Northrop Grumman Corp. (NYSE:NOC), Raytheon Company (NYSE:RTN), LMI Aerospace, Inc. (NASDAQ:LMIA), and Innovative Solutions & Support Inc (NASDAQ:ISSC).

Stock Price Performance: During December 14, 2011 to January 13, 2012, the stock price had risen $3.97 (7.5%) from $53.18 to $57.15. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 10, 2011 when shares rose for 10-straight days, rising 5.7% (+$3.57) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 7.4% (-$4.61) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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