Tupperware Brands Corp. Earnings Retreat 13% In Q3

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

The company said its bottom line totaled $39.9 million, or $0.79 per share. This was lower than $45.8 million, or $0.90 per share, in last year's third quarter.

Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 11.5% to $521.0 million. This was down from $588.7 million last year.

Tupperware Brands Corp. earnings at a glance:

-Earnings (Q3): $39.9 Mln. vs. $45.8 Mln. last year. -Earnings Decline (Y-o-Y): -12.9% -EPS (Q3): $0.79 vs. $0.90 last year. -EPS Decline (Y-o-Y): -12.2% -Analysts Estimate: $0.71 -Revenue (Q3): $521.0 Mln vs. $588.7 Mln last year. -Revenue Change (Y-o-Y): -11.5%

-Guidance: Next quarter EPS guidance: $1.37- $1.42 Full year EPS guidance: $4.39 - $4.44