New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 13, 2012
12:21 EDTTYCEarnings Preview: Tyco International sees Q4 strongest of the year seasonally
Tyco International (TYC) is expected to report Q4 earnings before the market open on Wednesday, November 14 with a conference call scheduled for 8:00 am ET. Analysts are looking for EPS of 35c on revenue of $2.72B. The consensus range is 24c-46c for EPS, and $2.66B-$2.78B for revenue, according to First Call. Tyco reported mixed Q3 results, beating adjusted EPS but missing revenue estimates. On its Q3 conference call, the company noted that its proposed separation was "on track" for completion at the end of September . Management said Q4 was seasonally the strongest operating quarter of the year, and they expected Q4 operating margin to reach 14%. For Q4, they forecast an additional 6c of EPS on a sequential basis, and 9c year-over-year despite the benefit of a 53rd week last year. On September 18, the company forecast FY13-FY17 recurring revenue growth of 5%-7%, and EBITDA margin of 50%. Recent sentiment on the Street has been mixed, with analysts having contrasting views on the value of the company post-breakup.
News For TYC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 18, 2014
10:01 EDTTYCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:37 EDTTYCTyco upgraded to Buy from Neutral at Goldman
Subscribe for More Information
December 10, 2014
09:31 EDTTYCTyco acquires Industrial Safety Technologies for $329.5M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use