Tyco International Ltd. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Tyco International Ltd. (NYSE:TYC) will unveil its latest earnings on Thursday, July 28, 2011. Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls and other industrial products. General Electric Co. Earnings Cheat Sheet: Powering Ahead>>

Tyco International Ltd. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 72 cents per share, no change from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 79 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 72 cents during the last month. For the year, analysts are projecting net income of $3.10 per share, a rise of 15.7% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting profit of 73 cents per share against a mean estimate of net income of 68 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $4.21 billion in revenue this quarter, a decline of 1.4% from the year ago quarter. Analysts are forecasting total revenue of $17.01 billion for the year, a decline of 0.1% from last year’s revenue of $17.02 billion.

Analyst Ratings: nine out of 15 analysts surveyed (60%) have a buy rating on Tyco International.. This is below the mean analyst rating of 10 competitors, which average 75% buy ratings.

Key Stats:

The company has now seen net income rise in three straight quarters. In the second quarter, net income rose 1.6% while it rose more than twofold in the first quarter and 29.8% in the fourth quarter of the last fiscal year.

A year-over-year revenue decrease in the second quarter snaps a streak of three consecutive quarters of revenue increases. Revenue fell 4.2% in the second quarter and rose 3.1%in the first quarter, 1.6% in the fourth quarter of the last fiscal year and 0.8% in the third quarter of the last fiscal year.

Competitors to Watch: Honeywell Intl. Inc. (NYSE:HON), 3M Company (NYSE:MMM), General Electric Company (NYSE:GE), China Security & Surveillance Tech. Inc. (NYSE:CSR), Checkpoint Systems, Inc. (NYSE:CKP), Magal Security Systems Ltd. (NASDAQ:MAGS), Mace Security Intl., Inc. (MACE), Textron Inc. (NYSE:TXT), and Napco Security Systems (NASDAQ:NSSC).

Stock Price Performance: During April 27, 2011 to July 22, 2011, the stock price had fallen $1.49 (-3%) from $48.87 to $47.38. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.5% (+$3.48) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 6.5% (-$3.25) over that span. Shares are up $6.34 (+15.4%) year to date.

(Source: Xignite Financials)

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