Tupperware Brands Corporation (NYSE:TUP) – Research analysts at SunTrust Banks decreased their Q4 2017 earnings per share (EPS) estimates for shares of Tupperware Brands Corporation in a research report issued on Wednesday. SunTrust Banks analyst M. Swartz now forecasts that the company will earn $1.50 per share for the quarter, down from their prior forecast of $1.60. SunTrust Banks currently has a “Hold” rating and a $65.00 price objective on the stock. SunTrust Banks also issued estimates for Tupperware Brands Corporation’s Q2 2018 earnings at $1.23 EPS.

Tupperware Brands Corporation (NYSE:TUP) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.09. The business had revenue of $539.50 million during the quarter, compared to analyst estimates of $538.80 million. Tupperware Brands Corporation had a net margin of 6.18% and a return on equity of 101.06%. Tupperware Brands Corporation’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 EPS. WARNING: “SunTrust Banks Comments on Tupperware Brands Corporation’s Q4 2017 Earnings (TUP)” was originally published by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/30/suntrust-banks-comments-on-tupperware-brands-corporations-q4-2017-earnings-tup.html.

Other equities analysts also recently issued research reports about the company. Zacks Investment Research upgraded Tupperware Brands Corporation from a “sell” rating to a “hold” rating in a report on Saturday. BidaskClub downgraded Tupperware Brands Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. TheStreet upgraded Tupperware Brands Corporation from a “c” rating to a “b-” rating in a report on Wednesday, October 25th. ValuEngine upgraded Tupperware Brands Corporation from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Morgan Stanley increased their price objective on Tupperware Brands Corporation from $71.00 to $72.00 and gave the stock an “equal weight” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Tupperware Brands Corporation presently has an average rating of “Hold” and an average target price of $68.33.

Shares of Tupperware Brands Corporation (NYSE:TUP) opened at 61.00 on Monday. The firm’s 50-day moving average is $60.66 and its 200-day moving average is $65.20. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 19.73 and a beta of 1.64. Tupperware Brands Corporation has a 52 week low of $52.32 and a 52 week high of $74.36.

The business also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Wednesday, September 20th were issued a dividend of $0.68 per share. The ex-dividend date was Tuesday, September 19th. This represents a $2.72 annualized dividend and a dividend yield of 4.46%. Tupperware Brands Corporation’s payout ratio is presently 98.91%.

In other news, EVP Thomas M. Roehlk sold 2,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $60.49, for a total transaction of $120,980.00. Following the completion of the transaction, the executive vice president now directly owns 16,765 shares in the company, valued at $1,014,114.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 6,000 shares of company stock valued at $361,180 over the last 90 days. Corporate insiders own 3.14% of the company’s stock.

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC bought a new position in shares of Tupperware Brands Corporation during the second quarter valued at $121,000. Ffcm LLC increased its holdings in shares of Tupperware Brands Corporation by 146.1% during the second quarter. Ffcm LLC now owns 1,846 shares of the company’s stock valued at $130,000 after acquiring an additional 1,096 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Tupperware Brands Corporation by 9.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,889 shares of the company’s stock valued at $133,000 after acquiring an additional 167 shares in the last quarter. Mascoma Wealth Management LLC increased its holdings in shares of Tupperware Brands Corporation by 5,000.0% during the second quarter. Mascoma Wealth Management LLC now owns 2,142 shares of the company’s stock valued at $150,000 after acquiring an additional 2,100 shares in the last quarter. Finally, AT Bancorp bought a new position in shares of Tupperware Brands Corporation during the second quarter valued at $179,000. Hedge funds and other institutional investors own 85.55% of the company’s stock.

About Tupperware Brands Corporation

Tupperware Brands Corporation is a global direct-to-consumer company. The Company operates through five segments in three geographic regions: Europe (Europe, Africa and the Middle East), Asia Pacific and the Americas. Its segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America.

Earnings History and Estimates for Tupperware Brands Corporation (NYSE:TUP)

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