Tupperware Brands Q1 Results Top Street Forecasts

Tupperware Brands, a direct sales company, reported Q1 diluted earnings per share of $1.01, up from $0.91 for the same period last year, and ahead of the Capital IQ consensus forecast of $0.94. Revenues for the quarter were $554.8 million, up from $525.7 million in the year-ago quarter, and beating the analyst forecast of $532.6 million.

The company said it expects full-year 2017 adjusted EPS in a range of $4.67 to $4.77, above the $4.56 per share average estimate, on sales growth of 3% to 5%. It also forecast Q2 adjusted EPS in a range of $1.17 to $1.22, straddling the $1.10 per share consensus, on sales growth of 2% to 4%.

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