TRW reiterates 2005 financial outlook

Newswire

CHICAGO, March 21 (Reuters) - Auto parts maker TRW Automotive Holdings Corp. on Monday reiterated its 2005 financial outlook. TRW, which makes safety equipment such as seat belts and air bags, said it still expects 2005 earnings of $1.50 to $1.75 a share on sales of $12.3 billion to $12.7 billion. Analysts' average forecast is a profit of $1.63 a share on sales of $12.5 billion, according to Reuters Estimates. TRW also said it expects capital spending to total about 4 percent of sales ...

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