Raymond James Starts ADT (ADT) at Outperform

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Go back to Raymond James Starts ADT (ADT) at Outperform

ADT Corp. (ADT) Tops Q1 EPS by 2c

January 28, 2015 7:06 AM EST

ADT Corp. (NYSE: ADT) reported Q1 EPS of $0.51, $0.02 better than the analyst estimate of $0.49. Revenue for the quarter came in at $887 million versus the consensus estimate of $883.05 million.

"The trends from the second half of last year continue and we are off to a strong start to the year, highlighted by double digit gross subscriber growth and attrition reaching its lowest levels since we became a public company over two years ago," said Naren Gursahaney, ADT's chief executive officer. "Solid execution by our team is driving better operational performance overall,... More