Tupperware: 4Q Earnings Snapshot

January 30, 2019

ORLANDO, Fla. (AP) _ Tupperware Brands Corp. (TUP) on Wednesday reported fourth-quarter net income of $17.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Orlando, Florida-based company said it had profit of 35 cents. Earnings, adjusted for non-recurring costs, came to $1.33 per share.

The direct seller of plastic storage containers and cosmetics posted revenue of $505.9 million in the period.

For the year, the company reported net income of $155.9 million, or $3.11 per share, swinging to a profit in the period. Revenue was reported as $2.07 billion.

For the current quarter ending in April, Tupperware expects its per-share earnings to range from 90 cents to 95 cents.

The company expects full-year earnings in the range of $4.06 to $4.21 per share.

Tupperware shares have increased 21 percent since the beginning of the year. The stock has decreased 40 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TUP at https://www.zacks.com/ap/TUP

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