ATLANTA (Reuters) - Aircraft supplier RockwellCollins Inc said Thursday it expects per-shareearnings and revenue to rise in the coming fiscal year asimproving commercial markets offset slowing growth in itsgovernment business.
The maker of avionics forecast earnings of $3.75 to $3.95 ashare for the year that begins next month, and revenue of $4.8billion to $5 billion.
Rockwell Collins stood by its prior 2010 outlook forecastcalling for earnings of about $3.50 a share on revenue of about$4.7 billion.
Analysts expected per-share profit of $3.97 for 2011 and$3.53 for this year, according to Thomson Reuters I/B/E/S.
Rockwell Collins, which supplies parts to plane makersBoeing Co and Airbus , is seeing a pick-up inactivity on the commercial side of its business even asconcerns about slower spending and belt-tightening posepotential headwinds for its defense operations. (Reporting by Karen Jacobs, editing by Dave Zimmerman)