Sealed Air Corporation reports results for the quarter ended December 31 - Earnings Summary

• Sealed Air Corporation SEE.N reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 64 cents to 72 cents per share.

• Revenue fell 0.3% to $1.37 billion from a year ago; analysts expected $1.36 billion.

• Sealed Air Corporation's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $7.3 million.

• Sealed Air Corporation shares had fallen by 5.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 8 "hold" and 1 "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 Corporation is $42.00

This summary was machine generated from LSEG data February 25 at 02:32 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)