The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Tupperware Brands missed slightly on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew significantly.
Gross margins increased, operating margins shrank, and net margins increased.
Tupperware Brands logged revenue of $676.1 million. The four analysts polled by S&P Capital IQ predicted sales of $689.0 million. Sales were 3.2% higher than the prior-year quarter's $655.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $1.50. The seven earnings estimates compiled by S&P Capital IQ averaged $1.53 per share. GAAP EPS of $1.50 for Q4 were 18% higher than the prior-year quarter's $1.27 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 66.5%, 60 basis points better than the prior-year quarter. Operating margin was 18.1%, 100 basis points worse than the prior-year quarter. Net margin was 12.9%, 60 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $636.2 million. On the bottom line, the average EPS estimate is $0.98.
Next year's average estimate for revenue is $2.64 billion. The average EPS estimate is $5.02.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 389 members out of 405 rating the stock outperform, and 16 members rating it underperform. Among 132 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 128 give Tupperware Brands a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tupperware Brands is outperform, with an average price target of $69.80.
- Add Tupperware Brands to My Watchlist.