For Immediate Release Chicago, IL – April 2, 2016– Zacks Equity Research highlights Tupperware (TUP) as the Bull of the Day and Goldman Sachs (GS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple Inc. (AAPL). Here is a synopsis of all three stocks: Bull of the Day : Tupperware (TUP) is a direct to consumer seller of storage and serving solutions for the kitchen and home and some personal products. The company has an independent sales force of 3 million. As the company derives about 65% of its sales from emerging markets, it is a play on the growing middle class with rising incomes in these countries. A strong dollar hurt their recent results but as currency headwinds have subsided of late, we should see improvement in results going forward. Solid Q1 Results; Outlook Raised The company reported their Q1 results on April 20. Net sales for the quarter were $525.7 million, up 1% in local currency but down 10% in dollars, as a strong dollar continued to hurt results. Emerging markets sales were up 3% in local currency but developed markets sales were down 2%. Adjusted EPS of $0.91 was 5 cents above their guidance range and also the Zacks Consensus Estimate. The company has beaten estimates in three out of past four quarters, with an average quarterly surprise of 4.8%. The company expects earnings in the range of $1.07 to $1.12 per share for the current quarter, but sales are expected to decline 3% to 5%. Rising Estimates The company has seen nice revisions in its earnings estimates in the past few days, particularly after the report. Zacks Consensus Estimates for the current and the next year are now $4.35 and $4.71 per share up from $4.14 and $4.46 respectively, 30 days ago. Rising estimates sent the stock to a Zacks Rank #1 (Strong Buy). Returning Cash to Shareholders The company been consistently raising its dividends and also returning cash to shareholders via buybacks. The current dividend yield is 4.6%. Improving Outlook for Emerging Markets At the beginning of this year, investors left emerging markets in droves, thanks mainly to fears of a sharp slowdown in China and rising rates in the US. The situation has improved a lot since then. Improving outlook for emerging markets and receding dollar headwinds are positive for companies like Tupperware that derive a significant portion of their revenues from these markets. Bear of the Day: It was a rough first quarter for big banks in general as their investment banking and trading businesses continue to face headwinds thanks mainly to stricter regulatory norms. However, Goldman Sachs (GS) reported the worst results among major banks, raising questions about its business strategy. About the Company Founded in 1869, Goldman Sachs is a leading global financial holding company providing investment banking, securities and investment management services to a diversified client base. Headquartered in New York, the company has offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. Disappointing First Quarter Results Goldman reported its first quarter results on April 19. It was the worst quarter for the bank in 12 years. Revenue for the quarter fell to $6.3 billion from $10.6 billion, missing the Zacks Consensus Estimate of $7.1 billion. Results were mainly hurt by lower non-interest income. Revenues from fixed income and equities trading were down 48% and 58% respectively, from the same quarter last year. Earnings of $2.68 per share, were sharply down from the year-ago figure of $5.94 per share but beat the Zacks Consensus Estimate of $2.57. Falling Estimates After poor results, analysts have revised their estimates for the company sharply downwards. Zacks Consensus Estimates for the current and the next fiscal year are now $14.49 per share and $18.07 per share, down from $17.22 and $19.42 respectively before the results. Opening Doors to Small Savers Goldman, earlier known to be the bank for the rich only, opened up to masses recently by offering online saving accounts for as little as $1. Though these accounts will not have access to full-service banking, rates offered by Goldman are much higher than those by most other large banks. To prepare for this move, the company had signed a deal to buy online deposit platform of GE Capital Bank last year. Recent banking regulations favor retail deposits over short-term loan for funding. Further retail deposits are low cost and steady and can be put to use for more profitable lending or investment opportunities. However consumer business has its own challenges and greater regulatory scrutiny. Earlier they bought an online retirement-savings startup-- Honest Dollar--that sells retirement plans consisting of low cost ETFs to small companies. The Bottom Line After strict regulatory norms imposed on big banks, they have been finding it difficult to generate profits in their investment banking and trading businesses. Rising market volatility has also impacted their traditional businesses. Further continued low interest rates have hurt their lending profitability. While most other big banks have been making significant changes in their business operations, Goldman had so far refrained from making any major changes in its traditional businesses. it remains to be seen whether their recent efforts would be able to offset the plunge in trading revenues. Additional content: Apple (AAPL) Posts Q2 Earnings, Revs Miss on Weaker iPhone Sales fter the bell Tuesday, tech bellwether Apple Inc. (AAPL) reported fiscal Q2 2016 earnings, and the company posted its first earnings miss in at least the past 5 quarters. Earnings of $1.90 per share missed the $1.97 Zacks consensus estimate, and revenues of $50.6 billion were short of the $51.5 billion expected in the Zacks consensus. Sales of Apple's principle driver, the iPhone, were weaker than expected -- 51.2 million iPhones were sold in Q2, where 51.5 million had been expected. This represents a fall of 16 percent year over year. iPad sales, on the other hand, were up in the quarter: 10.3 million beat the expected 9.9 million. Mac sales continued to dwindle, selling 4.0 million as opposed to the 4.6 million expected. Part of this miss is a result of very tough year-over-year comps -- the iPhone 6 was a huge hit back when it first came out, and version 7 is not expected until later this year. But sales in China were also down 26 percent in the quarter, which may speak to any number of things: a sluggish Chinese economy, relative market saturation of iPhones, a stronger dollar keeping iPhones more expensive, etc. Yet CEO Tim Cook said, "We feel good about China" in Apple's press release as earnings were posted. Apple had been carrying a Zacks Rank #3 (Hold) ahead of the earnings report, but with a somewhat downward bias: several downward revisions for Q2, Q3, fiscal 2016 and 2017 have pulled down estimates over the past 60 days. We may see further revisions to the lower side from analysts in the coming days as they digest Apple's earnings results. The company also bought back $50 billion in AAPL stock and raised its dividend 10 percent. This, however, has not been enough to keep shares tumbling more than 6 percent in the after-market, and this follows -5 percent over the last 5 regular trading days and -20 percent year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days. Click to get this free report >> About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TUPPERWARE BRND (TUP): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research