Investing.com - Tupperware Brands reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Tupperware Brands announced earnings per share of $0.14 on revenue of $302.8M. Analysts polled by Investing.com anticipated EPS of $0.57 on revenue of $362.7M.
Tupperware Brands shares are down 20% from the beginning of the year and are trading at $5.77 , down-from-52-week-high.
Tupperware Brands shares lost 25.36% in pre-market trade the report.
Tupperware Brands follows other major Consumer Discretionary sector earnings this month
Tupperware Brands's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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