Tyco profit beats estimates
Conglomerate Tyco International Ltd's
The maker of security systems and fire and safety products reported net income of $359 million, or 76 cents per share, for the third quarter ended June 24, compared with $254 million, or 51 cents per share, a year earlier.
Earnings from continuing operations before special items were 85 cents a share, ahead of the 72 cents analysts expected, according to Thomson Reuters I/B/E/S.
Revenue of $4.29 billion beat Wall Street forecasts of $4.21 billion.
(Reporting by Nick Zieminski; Editing by Lisa Von Ahn)
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