Tyco Int'l. Posts Loss In Q4 - Quick Facts

(RTTNews) - Swiss security products maker Tyco International Ltd. (TYC) posted fourth-quarter net loss attributable to common shareholders of $89 million, or $0.20 per share, as against a profit of $166 million, or $0.35 per share, last year.

Loss per share from continuing operations, on a GAAP basis, for the fiscal fourth quarter of 2014 was $0.17 and earnings per share from continuing operations before special items were $0.56. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $0.56 for the quarter. Analysts' estimates typically exclude one-time items.

Revenue for the recent quarter of $2.7 billion increases 4%, with 3% organic growth, led by the Global Products segment, which had organic growth of 8%. The prior-year revenue figure was $2.61 billion. Thirteen analysts estimated revenues of $2.72 billion for the quarter.

As announced earlier, the board approved an additional $1.0 billion authorization for share buybacks.