Overview
Sealed Air Q3 net sales rise slightly, beating analyst expectations
Adjusted EPS for Q3 beats consensus, rising 10% yr/yr
Company raises 2025 outlook for adjusted EBITDA and EPS
Outlook
Sealed Air raises 2025 Adjusted EBITDA outlook to $1,120-$1,140 mln
Company increases 2025 Adjusted EPS forecast to $3.25-$3.35
Sealed Air maintains 2025 sales forecast at $5,275-$5,325 mln
Result Drivers
OPERATING LEVERAGE - Improved operating leverage and favorable tax resolutions contributed to higher net earnings and EPS
PRODUCTIVITY INITIATIVES - Adjusted EBITDA and EPS increased due to ongoing execution of productivity initiatives and operational discipline
VOLUME STABILIZATION - Protective volume stabilization and transformation initiatives contributed to margin expansion
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net sales
Beat
$1.35 bln
$1.31 bln (11 Analysts)
Q3 Adjusted EPS
Beat
$0.87
$0.70 (14 Analysts)
Q3 EPS
$1.26
Q3 Net Income
$186 mln
Q3 Operating profit
$184.70 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-paper containers & packaging peer group is "buy"
Wall Street's median 12-month price target for Sealed Air Corp is $41.45, about 18% above its November 3 closing price of $33.98
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nPn9Nyk4Xa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)