Tyco Misses Estimates
Tyco International Ltd (NYSE:TYC) reported results for the first quarter 2012. Earnings for the quarter declined 15.5% year over year to 71 cents a share, which was also well below the Zacks Consensus Estimate of 79 cents. Revenue for the quarter grew 4% year over year to $4.2 billion. Organic revenue (revenue excluding the impact [...]
Tyco International Ltd (NYSE:TYC) reported results for the first quarter 2012. Earnings for the quarter declined 15.5% year over year to 71 cents a share, which was also well below the Zacks Consensus Estimate of 79 cents.
Revenue for the quarter grew 4% year over year to $4.2 billion. Organic revenue (revenue excluding the impact of foreign exchange translation and acquisitions) growth was 4%. Revenue was in line with the Zacks Consensus.
Segment Details
Security Solutions
Revenue for the quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards