Tyco International (NYSE:TYC) Guidance May be Revised in Earnings Report

When Tyco International (NYSE:TYC) releases their earnings report, there aren't any surprises in the numbers expected, but going further into 2011, there could be an upward revision of their EPS.

UBS says, "On January 27, we expect Tyco to report 1Q EPS of $0.67 vs. guidance of $0.65-$0.67 (Con: $0.68). The focus, however, is likely to be on any potential revisions to FY11 guidance (UBSe $2.95; cons. $2.98). We believe there may be upside to FY11 expectations given an improving outlook for Tyco’s later cycle end markets (notably Flow Control and non-res. exposure at Fire Protection), the potential for greater than expected synergies from the Broadview acquisition, and possible upside from accelerated or larger than expected share repurchases...We maintain our FY11 and FY12 EPS estimates of $2.95 and $3.40, respectively."

UBS maintains a 'Buy' rating on Tyco International (TYC), which closed Thursday at $43.99, losing $0.38, or 0.86 percent. UBS boosted their price target on Tyco from $44 to $49.