Tyco International (TYC) Tops Q2 EPS by 5c

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Tyco Reports Second Quarter 2015 Earnings From Continuing Operations Before Special Items of $0.55 Per Share and GAAP Earnings of $0.43 Per Share

April 24, 2015 6:00 AM EDT

CORK, Ireland, April 24, 2015 /PRNewswire/ --

Excluding the impact of foreign currency exchange rates, revenue of $2.4 billion increases 4%, with 2% organic growth and 2% growth from acquisitions Diluted EPS from continuing operations before special items increases 17% As previously announced, during the quarter the company completes the acquisition of Industrial Safety Technologies (IST), a global leader in gas and flame detection The company's Board of Directors approves a 14% increase in the company's quarterly dividend to $0.205 per share, as previously announced Provides guidance for third quarter 2015 EPS before special items of $0.55 -... More