Earnings Preview: Tyco International

| About: Johnson Controls (JCI)
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Tyco International (TYC) is expected to report Q4 earnings before the market open on Wednesday, November 16 with a conference call scheduled for 8:00 am ET.


Analysts are looking for EPS of 86c on revenue of $4.51B. The consensus range is 84c-89c for EPS, and $4.33B-$4.61B for revenue, according to First Call. Tyco reported positive Q3 results, beating EPS and revenue estimates. In September, the company announced that it would split into three independent, publicly traded firms. Since then, the shares have traded in a V-shaped pattern, moving sharply lower, but recovering quickly over the past six weeks. Recent sentiment on the Street towards the company has mostly been positive as analysts feel the split will unlock significant shareholder value. The shares have risen approximately 10% this year and currently sit about 15% from their two-year high.