Picture of Sealed Air logo

SEE — Sealed Air News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapSuper Stock

Sealed Air Corp reports results for the quarter ended June 30 - Earnings Summary

Sealed Air Corp SEE.N reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 83 cents.  The mean expectation of fifteen analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 69 cents to 76 cents per share.

Revenue fell 0.8% to $1.34 billion from a year ago; analysts expected $1.31 billion.

Sealed Air Corp's reported EPS for the quarter was 63 cents​.

The company reported quarterly net income of $93.1 million.

Sealed Air Corp shares had fallen by 6.6% this quarter and lost 14.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Sealed Air Corp is $40.00, about 27.5% above its last closing price of $28.98

This summary was machine generated from LSEG data August 5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.710.89Beat
Mar. 31 20250.680.81Beat
Dec. 31 20240.670.75Beat
Sep. 30 20240.670.79Beat

Recent news on Sealed Air

See all news