Why Tupperware Brands Popped 15.3% on Wednesday
Shares of Tupperware Brands Corporation (NYSE: TUP) jumped as much as 15.3% in trading on Wednesday after the company reported first-quarter 2021 financial results. Shares closed the day up 6.2%.
Revenue was up 22% compared to the first quarter of 2021 to $460.3 million, and the company swung from a net loss of $7.8 million to a profit of $45.3 million, or $0.85 per share. Analysts were only expecting $434.0 million in revenue and earnings of $0.54 per share.
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Source Fool.com
