Tupperware Brands Corp. (TUP) reported fourth quarter adjusted profit per share of $0.14 compared to a loss of $0.63, prior year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.71, for the quarter. Analysts' estimates typically exclude special items. Excluding adjustments, pre-tax income improved 183% to $68 million.

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RTTNews | Mar 10, 2021 07:15AM EST

07:15 Wednesday, March 10, 2021 (RTTNews.com) - Tupperware Brands Corp. (TUP) reported fourth quarter adjusted profit per share of $0.14 compared to a loss of $0.63, prior year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.71, for the quarter. Analysts' estimates typically exclude special items. Excluding adjustments, pre-tax income improved 183% to $68 million.

Fourth quarter sales increased 17% to $489.6 million; local currency sales were up 20%. Analysts expected revenue of $448.99 million, for the quarter.

Shares of Tupperware Brands were down 6% in pre-market trade on Wednesday.

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