NEW YORK (TheStreet) -- Shares of Tupperware Brands (TUP) - Get Report are down by 12.59% to $45 in pre-market trading on Wednesday morning, after the household storage products maker reported its fiscal 2015 fourth quarter earnings results.
The company posted earnings per share and revenue for the most recent quarter that came in below analysts' expectations.
Adjusted non-GAAP earnings came in at $1.35 per share, missing the $1.38 per share analysts were looking for.
Revenue for the 2015 fourth quarter grew by 2% year over year to $592.1 million, but fell short of the $608 million analysts had forecast.
"We had a disappointing quarter as we lapped a tough comparison and continued to see an impact from economic and political headwinds in many of our units. While I don't want to take away from the strong performances in a number of units, our internal actions did not overcome the impact of worse than expected externals in some of our units," Tupperware CEO Rick Goings said.
Tupperware guided for a decline in sales for the fiscal 2016 firs quarter between 10% and 12%.
Separately, TheStreet Ratings has a "hold" rating and score of C+ on Tupperware Brands stock. The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.
The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, TheStreet Ratings also finds weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: TUP