Equities research analysts expect that Tupperware Brands Co. (NYSE:TUP) will post $0.82 earnings per share (EPS) for the current 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 reported earnings per share of $1.03 in the same quarter last year, which would suggest a negative year over year growth rate of 20.4%. The company is scheduled to announce 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 year, with EPS estimates ranging from $4.17 to $4.30. For the next financial year, analysts expect that the business will post earnings of $4.43 per share, with EPS estimates ranging from $4.34 to $4.52. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Tupperware Brands.
Tupperware Brands (NYSE:TUP) last announced its quarterly earnings data on Wednesday, July 25th. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.05. Tupperware Brands had a negative net margin of 8.87% and a negative return on equity of 576.26%. The business had revenue of $535.40 million during the quarter, compared to the consensus estimate of $548.69 million. During the same quarter in the prior year, the firm earned $1.21 EPS. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Miller Value Partners LLC bought a new position in Tupperware Brands in the 2nd quarter worth about $4,124,000. Highbridge Capital Management LLC bought a new position in Tupperware Brands in the 1st quarter worth about $3,703,000. Canada Pension Plan Investment Board bought a new position in Tupperware Brands in the 2nd quarter worth about $2,487,000. Vulcan Value Partners LLC grew its position in Tupperware Brands by 110.9% in the 2nd quarter. Vulcan Value Partners LLC now owns 991,383 shares of the company’s stock worth $40,885,000 after purchasing an additional 521,386 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. bought a new position in Tupperware Brands in the 2nd quarter worth about $201,000. Hedge funds and other institutional investors own 85.34% of the company’s stock.
Shares of NYSE:TUP opened at $30.33 on Monday. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of -3.44. Tupperware Brands has a fifty-two week low of $30.27 and a fifty-two week high of $66.26. The stock has a market cap of $1.67 billion, a P/E ratio of 6.27, a price-to-earnings-growth ratio of 0.65 and a beta of 1.33.
The company also recently announced a quarterly dividend, which was paid on Thursday, October 4th. Shareholders of record on Wednesday, September 19th were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 8.97%. The ex-dividend date was Tuesday, September 18th. Tupperware Brands’s dividend payout ratio (DPR) is 56.20%.
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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