Tupperware Brands Corporation (TUP): Zacks Rank Buy

• By Alex Kolb
• On 1:00 am EDT, Monday October 5, 2009

Tupperware Brands Corporation (NYSE: TUP - News) is showing solid fundamental growth, which is translating into a surging share price. TUP has outpaced the broader market over the past year and since reporting as its share price closes in on a 52-week high.

Bullish Forecasts

Tupperware Brands Corporation continues to see bullish projections. Analysts polled by Zacks are calling for full-year earnings of $2.66 per share, well ahead of the 3 months-ago level of $2.27.

For 2010, the Zacks Consensus Estimate of $3.05 per share was increased from last month's $3.04 and the 3 months-ago forecast of $2.48.

The Zacks Consensus Estimate stands at 41 cents per share for the third quarter, versus the 3 months-ago projection of 36 cents.

Read the Sept 16 commentary on TUP.

Last Week's Growth and Income Zacks Rank Buy Stocks

Baxter International (NYSE: BAX - News) is seeing bullish earnings projections. The current full-year Zacks Consensus Estimate of $3.79 per share was increased from $3.77 over the past 3 months. For 2010, the forecast jumped from $4.24 to $4.28 over the same time frame.

Packaging Corporation of America (NYSE: PKG - News) continues to see upward revisions of the Zacks Consensus Estimates. Analysts are currently calling for full-year earnings of 97 cents per share, which is up from 60 cents over the past 3 months.

Gap Inc. (NYSE: GPS - News) reported comparable store sales slipping by 3% year-over-year. While sales were slightly lower, which is not unique amid the current economic environment, GPS shares continued climbing and are trading close to a 52-high. The company also recently released sad news, announcing that Donald G. Fisher, co-founder of Gap, died after a long and heroic battle with cancer.

L-3 Communications Holdings, Inc. (NYSE: LLL - News) is seeing higher Zacks Consensus Estimates ahead of reporting next month. The 2009 year forecast of $7.38 per share is up 7 cents over the past 3 month. For the following year, analysts polled by Zacks are calling for earnings of $8.16, representing 11% growth year-over-year.

TUPPERWARE BRND (TUP): Free Stock Analysis Report

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