Analysts expect Tupperware Brands Co. (NYSE:TUP) to announce earnings of $0.82 per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Tupperware Brands’ earnings. The lowest EPS estimate is $0.80 and the highest is $0.84. Tupperware Brands posted earnings of $1.03 per share in the same quarter last year, which would suggest a negative year over year growth rate of 20.4%. The firm is expected to report its next earnings report before the market opens on Wednesday, October 24th.

On average, analysts expect that Tupperware Brands will report full-year earnings of $4.24 per share for the current financial year, with EPS estimates ranging from $4.17 to $4.30. For the next financial year, analysts expect that the firm will post earnings of $4.43 per share, with EPS estimates ranging from $4.34 to $4.52. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Tupperware Brands.

Tupperware Brands (NYSE:TUP) last posted its quarterly earnings results on Wednesday, July 25th. The company reported $1.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.05. The business had revenue of $535.40 million for the quarter, compared to the consensus estimate 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 quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.21 EPS.

TUP has been the topic of several research analyst reports. Zacks Investment Research downgraded Tupperware Brands from a “buy” rating to a “hold” rating in a research note on Friday, June 29th. Argus downgraded Tupperware Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. Finally, Bank of America dropped their price target on Tupperware Brands from $35.00 to $34.00 and set an “underperform” rating on the stock in a research note on Thursday, October 4th. Four equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $50.60.

Tupperware Brands stock opened at $30.33 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of -3.44. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 6.27, a PEG ratio of 0.65 and a beta of 1.33. Tupperware Brands has a fifty-two week low of $30.27 and a fifty-two week high of $66.26.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 4th. Stockholders of record on Wednesday, September 19th were issued a $0.68 dividend. The ex-dividend date was Tuesday, September 18th. This represents a $2.72 annualized dividend and a dividend yield of 8.97%. Tupperware Brands’s dividend payout ratio (DPR) is presently 56.20%.

Hedge funds have recently modified their holdings of the company. Miller Value Partners LLC acquired a new position in shares of Tupperware Brands in the 2nd quarter valued at about $4,124,000. Highbridge Capital Management LLC acquired a new position in shares of Tupperware Brands in the 1st quarter valued at about $3,703,000. Canada Pension Plan Investment Board acquired a new position in shares of Tupperware Brands in the 2nd quarter valued at about $2,487,000. Vulcan Value Partners LLC lifted its holdings in shares of Tupperware Brands by 110.9% in the 2nd quarter. Vulcan Value Partners LLC now owns 991,383 shares of the company’s stock valued at $40,885,000 after buying an additional 521,386 shares during the period. Finally, Beacon Investment Advisory Services Inc. acquired a new position in shares of Tupperware Brands in the 2nd quarter valued at about $201,000. 85.34% of the stock is owned by institutional investors and hedge funds.

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

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