Sealed Air Corp expected to post earnings of 67  cents a share - Earnings Preview

Sealed Air

04/08/2023 19:13

* Sealed Air Corp  SEE.N   SEE  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The Charlotte North Carolina-based  company is expected to
report  a 0.2% decrease in revenue to $1.415 billion from $1.42
billion a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sealed Air Corp is
for
earnings of 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sealed Air
Corp
is $49​, above​ its last closing price of $44.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.77        0.77       0.74      Missed  -4.2
 Dec. 31 2023  0.98        0.98       0.99      Beat    1.4
 Sep. 30 2022  0.89        0.90       0.98      Beat    8.8​
 Jun. 30 2022  0.96        0.97       1.01      Beat    3.8
 ​​Mar.        0.93        0.93       1.12      Beat    20.5
 31 2022                                                
 Dec. 31 2021  1.14        1.13       1.12      Missed  -0.8​
 Sep. 30 2021  0.82        0.82       0.86      Beat    4.4
 Jun. 30 2021  0.78        0.78       0.79      Beat    1.4
 This summary was machine generated August 4 at 18:13 GMT.  All
figures in US dollars  unless otherwise stated