Tyco International (NYSE:TYC) is expected to report Q3 earnings before the market open on Thursday, July 28 with a conference call scheduled for 8:00 am ET.
Analysts are looking for EPS of 73c on revenue of $4.21B. The consensus range is 70c-79c for EPS, and $4.09B-$4.32B for revenue, according to First Call. Tyco reported positive Q2 results, beating EPS and meeting revenue estimates. In May, the company said order trends continued to improve, noting April orders up 10% year-over-year. In June, it reaffirmed FY11 EPS of $3.02-$3.07 vs. consensus $3.09. It also said late cycle businesses were improving. The shares have traded sideways since Q1 results were released, with a slight downward bias. However, they have risen approximately 10% this year and currently sit about 15% from two-year highs.