Even with those revisions to the revenue, we continue to forecast completing the year within our original EPS guidance range but have narrowed our expectations toward the lower end of that range to $4.40 to $4.50 per share. I should note that I am very pleased with how our company has managed things within our control and taken appropriate actions to maintain this high level of profitability.As you can see in our Commercial Systems results, much of the impact that led to revised guidance I just discussed was realized in the third fiscal quarter. However, to give you a better look in context of our ongoing Commercial Systems business, if I exclude from our revenue, the impacts of the Hawker bankruptcy and some onetime benefits we experienced last year, Commercial Systems would have experienced high single-digit revenue growth this quarter. That level of growth is the same as the second quarter and similar to what we expect in the fourth quarter.
Rockwell Collins Management Discusses Q3 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.