Tupperware Brands Corp. Profit Falls 21% In Q4

(RTTNews) - Tupperware Brands Corp. (TUP) announced earnings for fourth quarter that retreated from last year.

The company said its profit totaled $68.4 million, or $1.35 per share. This was down from $86.8 million, or $1.72 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 12.9% to $592.1 million. This was down from $679.9 million last year.

Tupperware Brands Corp. earnings at a glance:

-Earnings (Q4): $68.4 Mln. vs. $86.8 Mln. last year. -Earnings Decline (Y-o-Y): -21.2% -EPS (Q4): $1.35 vs. $1.72 last year. -EPS Decline (Y-o-Y): -21.5% -Analysts Estimate: $1.38 -Revenue (Q4): $592.1 Mln vs. $679.9 Mln last year. -Revenue Change (Y-o-Y): -12.9%

-Guidance: Next quarter EPS guidance: $0.81 - $0.86