NEW YORK (TheStreet) -- Tupperware Brands (TUP) - Get Tupperware Brands Corporation Report shares are up 11.9% to $66.85 in trading on Wednesday as the company gains following the release of its fourth quarter earnings results before the opening bell today.
The company reported fourth quarter earnings of $82.3 million, or $1.72 per diluted share, on revenue of $679.9 million, which fell from the $717.1 million the company made during the same period last year.
Analysts on average were expecting the Orlando, FL-based company to report earnings of $1.53 per share on revenue of $664.3 million.
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TheStreet Ratings team rates TUPPERWARE BRANDS CORP as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate TUPPERWARE BRANDS CORP (TUP) a HOLD. The primary factors that have impacted our 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 expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: TUP Ratings Report