Tyco International Ltd. (TYC) reported that fourth quarter net income plunged to $205 million or $0.43 per share from $434 million or $0.91 per share in the prior year.
Income from continuing operations for the quarter was $207 million or $0.44 per share, compared to $264 million or $0.55 per share a year ago.
Income from continuing operations before special items decreased 25% to $291 million or $0.61 per share from $387 million or $0.81 per share in the previous year.
On average, 13 analysts polled by Thomson Reuters expected earnings per share of $0.54 for the quarter. Analysts' estimate typically exclude special items.
Quarterly revenue declined 16% to $4.42 billion from $5.28 billion last year. Eight analysts estimated revenues of $4.32 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.