Tupperware: 2Q Earnings Snapshot

ORLANDO, Fla. (AP) _ Tupperware Brands Corp. (TUP) on Wednesday reported second-quarter net income of $63.8 million, after reporting a loss in the same period a year earlier.

The Orlando, Florida-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came to $1.17 per share.

The direct seller of plastic storage containers and cosmetics posted revenue of $535.4 million in the period.

For the current quarter ending in October, Tupperware expects its per-share earnings to range from 80 cents to 85 cents. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.

The company expects full-year earnings in the range of $4.25 to $4.35 per share.

Tupperware shares have dropped 35 percent since the beginning of the year. The stock has declined 41 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TUP at https://www.zacks.com/ap/TUP