Tupperware Brands Corp. (TUP) Announces Quarterly Earnings, Misses Estimates By $0.04 EPS
Tupperware Brands Corp. (NYSE:TUP) released its earnings data on Wednesday. The company reported $1.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by $0.04, Stock Ratings Network reports. The company had revenue of $717.00 million for the quarter, compared to the consensus estimate of $729.23 million.
Shares of Tupperware Brands Corp. (NYSE:TUP) opened at 83.77 on Wednesday. Tupperware Brands Corp. has a one year low of $73.07 and a one year high of $97.14. The stock has a 50-day moving average of $91.54 and a 200-day moving average of $87.83. The company has a market cap of $4.244 billion and a price-to-earnings ratio of 16.86.
TUP has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of Tupperware Brands Corp. from a “hold” rating to a “buy” rating in a research note to investors on Monday. On a related note, analysts at S&P Equity Research upgraded shares of Tupperware Brands Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, January 15th. Finally, analysts at KeyCorp initiated coverage on shares of Tupperware Brands Corp. in a research note to investors on Monday, December 16th. They set a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $84.33.
Tupperware Brands Corporation (NYSE:TUP) is a global direct seller of products across multiple brands and categories through an independent sales force of 2.
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