Tupperware Brands Corporation (NYSE:TUP) is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.14 per share.
Looking ahead, the full year income are expected at $ 1.04 per share on the revenues of $ 1513.80 million.
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
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Previous Quarter Performance
Tupperware Brands Corporation posted income for the first quarter of $ 0.33 per share, from the revenue of $ 375.90 million. The quarterly earnings contracted 63.33 percent while revenues decreased 22.86 percent compared with the same quarter last year.
According to street consensus, TUP was expected to report 1Q20 income of $ 0.56 per share from revenue of $ 396.58 million. The bottom line results missed street analysts by $ 0.23 or 41.07 percent, at the same time, top line results fell short of analysts by $ 20.68 million or 5.21 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TUP was $ 9.63, representing a 737.39 % increase from the 52 week low of $ 1.15 and a 43.15 % decrease over the 52 week high of $ 16.94.
The company has a market capital of $ 472.00 million and is part of the Consumer Cyclical sector and Packaging & Containers industry.
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Conference Call
Tupperware Brands Corporation will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 2Q20 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.
