Tupperware Brands Corporation (NYSE:TUP) is set to announce third quarter earning results on Wednesday 28th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, TUP to report 3Q20 income of $ 0.37 per share.
For the full year, analysts anticipate top line of $ 1536.35 million, while looking forward to income of $ 1.92 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,582.00 million ~ $ 1,617.00 million, where as bottomline are predicted in a range of $ 1.16 ~ $ 1.23 per share
Click Here For More Historical Outlooks Of Tupperware Brands Corporation
Previous Quarter Performance
Tupperware Brands Corporation disclosed income for the second quarter of $ 0.84 per share, from the revenue of $ 397.40 million. The quarterly earnings declined 14.29 percent while revenues contracted 19.16 percent compared with the same quarter last year.
Wall street analysts are predicting, TUP to report 2Q20 income of $ 0.14 per share from revenue of $ 316.20 million. The bottom line results beat street analysts by $ 0.7 or 500.00 percent, at the same time, top line results outshined analysts by $ 81.20 million or 25.68 percent.
Stock Performance
Shares of Tupperware Brands Corporation traded low $ -0.81 or -3.66 percent on Tuesday, reaching $ 21.32 with volume of 1.21 million shares. Tupperware Brands Corporation has traded high as $ 22.32 and has cracked $ 21.24 on the downward trend
According to the previous trading day, closing price of $ 21.32, representing a 1,824.35 % increase from the 52 week low of $ 1.15 and a 18.61 % decrease over the 52 week high of $ 27.19.
The company has a market capital of $ 1.05 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
Recent Analyst recommendations
- On 15th September 2020, initiated by DA Davidson at Buy rating, with $ 30.00 target price.
- On 10th September 2020, maintained by Sidoti at Buy rating, with $ 26.00 target price.
Conference Call
Tupperware Brands Corporation will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tupperwarebrands.com
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. It also manufactures and distributes skin and hair care products, cosmetics, bath and body care, toiletries, fragrances, jewelry, and nutritional products under the Avroy Shlain, Fuller, NaturCare, Nutrimetics, and Nuvo brands.
