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Eyeing Sequestration, Rockwell Collins Gives FY ’13 Guidance

Defense Daily Staff Defense Daily Staff
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Rockwell Collins [ROC] on Friday announced its financial guidance for FY ’13 with earnings per share (EPS) expected to range between $4.30 and $4.50, which is below consensus expectations but does factor in the potential impact of a budget sequestration next year. Analysts were expecting per share earnings of $4.63. The guidance assumes sales will be between $4.6 billion and $4.7 billion and cash flow from operations of $500 million to $600 million. Clay Jones, Rockwell Collins’ chairman, president and…

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