Wall Street analysts expect Tupperware Brands Co. (NYSE:TUP) to post earnings per share (EPS) of $0.83 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Tupperware Brands’ earnings. The lowest EPS estimate is $0.81 and the highest is $0.84. Tupperware Brands reported earnings per share of $1.03 during the same quarter last year, which would suggest a negative year over year growth rate of 19.4%. The company is scheduled to announce its next quarterly earnings results on Wednesday, October 24th.

According to Zacks, analysts expect that Tupperware Brands will report full-year earnings of $4.26 per share for the current fiscal year, with EPS estimates ranging from $4.22 to $4.30. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.46 per share, with EPS estimates ranging from $4.40 to $4.52. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Tupperware Brands.

Tupperware Brands (NYSE:TUP) last announced its quarterly earnings data on Wednesday, July 25th. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.05. The business had revenue of $535.40 million for the quarter, compared to analysts’ expectations of $548.69 million. Tupperware Brands had a negative return on equity of 576.26% and a negative net margin of 8.87%. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period last year, the firm earned $1.21 earnings per share.

Several analysts have recently issued reports on TUP shares. Morgan Stanley increased their price objective on Tupperware Brands from $47.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday, April 26th. ValuEngine cut Tupperware Brands from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. Zacks Investment Research upgraded Tupperware Brands from a “strong sell” rating to a “buy” rating and set a $49.00 price objective on the stock in a research note on Tuesday, June 12th. Finally, Argus cut Tupperware Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. Four research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has an average rating of “Hold” and an average price target of $53.20.

A number of institutional investors have recently bought and sold shares of the business. Miller Value Partners LLC acquired a new stake in Tupperware Brands in the second quarter valued at $4,124,000. Lingohr & Partner Asset Management GmbH acquired a new stake in Tupperware Brands in the second quarter valued at $1,386,000. Zebra Capital Management LLC raised its stake in Tupperware Brands by 24.5% in the second quarter. Zebra Capital Management LLC now owns 24,546 shares of the company’s stock valued at $1,012,000 after buying an additional 4,824 shares in the last quarter. MetLife Investment Advisors LLC raised its stake in Tupperware Brands by 74.6% in the second quarter. MetLife Investment Advisors LLC now owns 55,684 shares of the company’s stock valued at $2,296,000 after buying an additional 23,785 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its stake in Tupperware Brands by 75.9% in the second quarter. Metropolitan Life Insurance Co. NY now owns 30,003 shares of the company’s stock valued at $1,237,000 after buying an additional 12,947 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Shares of NYSE TUP traded up $0.01 during mid-day trading on Friday, hitting $33.46. The company had a trading volume of 629,763 shares, compared to its average volume of 842,818. The stock has a market cap of $1.70 billion, a P/E ratio of 6.91, a PEG ratio of 0.67 and a beta of 1.41. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of -3.44. Tupperware Brands has a 1-year low of $32.86 and a 1-year high of $66.26.

About Tupperware Brands

Tupperware Brands Corporation operates as a direct-to-consumer marketer of various products across a range of brands and categories in Europe, Africa, the Middle East, the Asia Pacific, North America, and South America. The company engages in the manufacture and sale of design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.

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