Tupperware Brands (NYSE: TUP) reported earnings on July 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 29 (Q2), Tupperware Brands beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share grew. GAAP earnings per share grew significantly.

Gross margins contracted, operating margins expanded, net margins grew.

Revenue details
Tupperware Brands chalked up revenue of $688.4 million. The seven analysts polled by S&P Capital IQ expected to see a top line of $677.8 million on the same basis. GAAP reported sales were 7.7% higher than the prior-year quarter's $638.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.46. The nine earnings estimates compiled by S&P Capital IQ anticipated $1.43 per share. Non-GAAP EPS of $1.46 for Q2 were 11% higher than the prior-year quarter's $1.31 per share. GAAP EPS of $1.43 for Q2 were much higher than the prior-year quarter's $0.22 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 67.2%, 40 basis points worse than the prior-year quarter. Operating margin was 16.4%, 20 basis points better than the prior-year quarter. Net margin was 11.1%, 910 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $628.8 million. On the bottom line, the average EPS estimate is $1.07.

Next year's average estimate for revenue is $2.70 billion. The average EPS estimate is $5.58.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 406 members out of 422 rating the stock outperform, and 16 members rating it underperform. Among 134 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 130 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 $85.38.

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