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Tupperware Brands Corp. (TUP) Climbed To A New High On Q4 Earnings News

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Tupperware Brands Corp. (TUP: Quote) reported fourth quarter adjusted EPS of $1.71 Tuesday morning, which topped the consensus estimate of $1.68. The company expects to report first quarter adjusted EPS of $1.09 to $1.14 and between $5.62 and $5.77 for the full year 2013. The consensus estimates are for EPS of $1.14 and $5.55.

Tupperware Brands gapped open higher Tuesday and climbed in early trade, before settling into a range. Shares finished with a gain of 3.42 at $73.75 on above average volume. The stock has been rising for the last 2 weeks and set a new high for the year.

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by RTT Staff Writer

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