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Tupperware Brands  (TUP) - Get Free Report fourth-quarter results due out Wednesday morning could be impacted by a stronger U.S. dollar, according to analysts. 

More than half of the company's sales come from emerging markets and a stronger dollar makes its products more expensive overseas. Emerging markets accounted for 71% of net sales in Tupperware's most recent quarter and 63% of sales during the 2015 fourth quarter. 

KeyBanc Capital Markets analysts said there is limited upside to organic sales and continued foreign exchange pressures leave them cautious about the quarter.

But earnings and revenue are expected to rise year-over-year. Analysts surveyed by FactSet are looking for adjusted earnings of $1.37 per share on revenue of $613.6 million. During the same quarter last year, the Orlando, FL-based consumer products company earned $1.35 per share on revenue of $592.1 million.

Tupperware, which sells storage, beauty and personal care products, expects adjusted fourth-quarter earnings per share between $1.37 and $1.42.

The company's South America and Asia Pacific segments should drive growth during the period, as they benefit from a weak comparison last year, KeyBanc analysts noted.

"We believe 2017 guidance may be a little better on organic sales (2%-4%), but modestly lighter on EPS than expectations, leaving us neutral into the print," the analysts said.

For 2016, analysts are forecasting earnings of $4.31 per share vs. the company's guidance for earnings per share between $4.30 and $4.35. Full-year revenue is expected to be $2.23 billion, according to FactSet.

The stock is largely flat at $58.17 in mid-afternoon trading today.