Advertisement
Singapore markets close in 5 hours 43 minutes
  • Straits Times Index

    3,275.55
    -12.20 (-0.37%)
     
  • Nikkei

    37,780.35
    +151.87 (+0.40%)
     
  • Hang Seng

    17,602.23
    +317.69 (+1.84%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,407.18
    +177.54 (+0.28%)
     
  • CMC Crypto 200

    1,392.17
    +9.60 (+0.69%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,346.40
    +3.90 (+0.17%)
     
  • Crude Oil

    83.83
    +0.26 (+0.31%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,572.79
    +3.54 (+0.23%)
     
  • Jakarta Composite Index

    7,119.25
    -36.04 (-0.50%)
     
  • PSE Index

    6,550.29
    -24.59 (-0.37%)
     

Tupperware: 4Q Earnings Snapshot

Tupperware: 4Q Earnings Snapshot

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.

ADVERTISEMENT

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