Tupperware Brands Corp. Announces 18% Rise In Q3 Earnings

(RTTNews) - Tupperware Brands Corp. (TUP) reported a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line rose to $52.7 million, or $1.03 per share. This was up from $44.7 million, or $0.87 per share, in last year's third quarter.

Analysts had expected the company to earn $0.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.4% to $539.5 million. This was up from $521.8 million last year.

Tupperware Brands Corp. earnings at a glance:

-Earnings (Q3): $52.7 Mln. vs. $44.7 Mln. last year. -Earnings Growth (Y-o-Y): 17.9% -EPS (Q3): $1.03 vs. $0.87 last year. -EPS Growth (Y-o-Y): 18.4% -Analysts Estimate: $0.94 -Revenue (Q3): $539.5 Mln vs. $521.8 Mln last year. -Revenue Change (Y-o-Y): 3.4%

-Guidance: Next quarter EPS guidance: $1.48 - $1.53 Full year EPS guidance: $4.74 - $4.79