====Tyco (TYC) merges with Johnson Controls (JCI)

• Tyco (TYC) merged with Johnson Controls (JCI) to form "Johnson Controls International plc" based in Ireland. (January 25, 2016)
• The merger was completed on September 9, 2016.

   

Tyco (TYC) reported earnings Fri 13 Nov 2015 (before open)

** charts before earnings **

** charts after earnings **

Tyco reports EPS in-line, misses on revs; guides Q1 EPS below consensus; guides FY16 EPS below consensus :

Reports Q4 (Sep) earnings of $0.61 per share, in-line with the Capital IQ Consensus of $0.61; revenues fell 7.3% year/year to $2.5 bln vs the $2.54 bln Capital IQ Consensus.

• Co issues downside guidance for Q1, sees EPS of ~$0.40, excluding non-recurring items, vs. $0.48 Capital IQ Consensus Estimate.
• Co issues downside guidance for FY16, sees EPS of $2.05-2.20, excluding non-recurring items, vs. $2.28 Capital IQ Consensus Estimate.