Tupperware Brands Surges As Q2 Profit Surpasses Estimates

Tupperware Brands Corp. (TUP) shares are trading more than 61 percent on Wednesday morning trade as the second quarter earnings topped estimates by a larger margin.
The company reported second-quarter adjusted earnings per share from continuing operations of $0.41. Analysts were looking for $0.25 per share.

Currently, shares are at $11.66, up 61.53 percent from the previous close of $7.20 on a volume of 5,207,584.

Further, the company announced the election of Mark Burgess as Director, effective August 4.

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