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Shares of Rockwell Collins (COL +4.1%) perk up after the firm records a mild earnings beat and...

  • Thursday, January 19, 2012, 10:08 AM ET
    Shares of Rockwell Collins (COL +4.1%) perk up after the firm records a mild earnings beat and reaffirms its guidance for 2012. Just holding serve may be good enough for investors with all the worries about decreased military spending swirling around.
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  • Collins is finally taking revenue for all of the 787 shipments that sat at Boeing while the Dreamliner was being fixed. Under 787 contracts, major OEMs like Collins can't get paid until the aircraft actually deliver to a customer, so this means that they still carry the inventory on their books. Expect to see Collins inventories and DSO drop a lot in coming months. This is like found cash$$
    19 Jan 2012, 10:14 AM Reply Like
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