Tupperware Brands (NYSE: TUP) is expected to report Q3 earnings on Oct. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tupperware Brands's revenues will compress -3.3% and EPS will increase 8.4%.
The average estimate for revenue is $582.9 million. On the bottom line, the average EPS estimate is $0.90.
Revenue details
Last quarter, Tupperware Brands recorded revenue of $638.9 million. GAAP reported sales were 4.6% lower than the prior-year quarter's $669.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $1.31. GAAP EPS of $0.22 for Q2 were 79% lower than the prior-year quarter's $1.03 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 67.6%, 40 basis points better than the prior-year quarter. Operating margin was 16.2%, 40 basis points better than the prior-year quarter. Net margin was 2.0%, 770 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.56 billion. The average EPS estimate is $4.88.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 400 members out of 417 rating the stock outperform, and 17 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 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 $73.80.
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