Tupperware Brands Corp. (TUP) reported third quarter EPS of $0.54 after the close Tuesday, which beat the consensus estimate of $0.42. The company expects to report fourth quarter EPS of $0.98 to $1.03 and full year 2009 EPS of $2.84 to $2.89. The consensus estimates are for EPS of $1.01 and $2.73 respectively.
Tupperware Brands gapped open higher Wednesday and climbed throughout the first hour of trade. Shares finished up by $3.55 at $47.56 on strong volume. The stock has been rising for the last 2 1/2 weeks and closed at a new high for the year.
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