RTTNews | Oct 28, 2020 09:47AM EDT

09:47 Wednesday, October 28, 2020 (RTTNews.com) - Shares of Tupperware Brands Corp. (TUP) reached a 52-week high of $29.92 Wednesday morning, and are currently trading at $27.96, up $6.64 or 31.14% in the regular session, with trading volume rising over 5.31 million versus an average volume of 2.58 million shares.

The company's Q3 net income was $34.4 million or $0.65 per share compared to $7.8 million or $0.16 per share last year. Adjusted net income was $63.7 million or $1.20 per share for the period. Revenue for the quarter rose 14.1% to $477.2 million from $418.1 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.37 per share on revenue of $362.75 million for the quarter. Analysts' estimate typically exclude certain special items.

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