Tupperware Brands (NYSE:TUP) reported its Q4 earnings results on Wednesday, February 23, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Tupperware Brands missed estimated earnings by 9.26%, reporting an EPS of $0.49 versus an estimate of $0.54.
Revenue was up $94.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.48 which was followed by a 3.86% drop in the share price the next day.
Here's a look at Tupperware Brands's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.71 | 0.57 | 0.54 | 0.71 |
| EPS Actual | 1.19 | 0.95 | 0.82 | 0.14 |
| Revenue Estimate | 473.71M | 460.20M | 434.05M | 448.99M |
| Revenue Actual | 376.90M | 464.70M | 460.30M | 489.60M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Tupperware Brands management provided guidance for their next quarter, expecting earnings between $2.6 and $3.2 per share for the next quarter.
This represents a 491.84% in quarter-over-quarter growth for Tupperware Brands, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
