Tupperware Brands Corp. (NYSE:TUP) updated its FY13 earnings guidance on Wednesday. The company provided EPS guidance of $5.44-5.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.58, StockRatingsNetwork.com reports. Tupperware Brands Corp. also updated its Q3 guidance to $0.99-1.04 EPS.
Several analysts have recently commented on the stock. Analysts at B. Riley raised their price target on shares of Tupperware Brands Corp. from $65.00 to $70.00 in a research note to investors on Tuesday, June 25th. They now have a buy rating on the stock. On a related note, analysts at JP Morgan Cazenove raised their price target on shares of Tupperware Brands Corp. from $83.00 to $89.00 in a research note to investors on Thursday, April 25th. They now have an overweight rating on the stock. Finally, analysts at RBC Capital reiterated an outperform rating on shares of Tupperware Brands Corp. in a research note to investors on Thursday, April 25th. They now have a $81.00 price target on the stock, down previously from $89.00.
Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $84.83.
Shares of Tupperware Brands Corp. (NYSE: TUP) opened at 79.98 on Wednesday. Tupperware Brands Corp. has a one year low of $50.90 and a one year high of $85.22. The stock’s 50-day moving average is currently $79.. The company has a market cap of $4.230 billion and a P/E ratio of 23.17.
Tupperware Brands Corp. (NYSE:TUP) last released its earnings data on Wednesday, July 24th. The company reported $1.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.44 by $0.02. The company had revenue of $688.00 million for the quarter, compared to the consensus estimate of $677.40 million. During the same quarter last year, the company posted $1.31 earnings per share. Tupperware Brands Corp.’s revenue was up 7.7% compared to the same quarter last year. Tupperware Brands Corp. has set its Q3 guidance at $0.99-1.04 EPS and its FY13 guidance at $5.44-5.54 EPS. Analysts expect that Tupperware Brands Corp. will post $5.60 EPS for the current fiscal year.
Tupperware Brands Corporation (NYSE: TUP) is a global direct seller of products across multiple brands and categories through an independent sales force of 2.
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