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Sealed Air (SEE) Tops Q3 EPS by 2c

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Sealed Air Reports Third Quarter 2016 Results

October 27, 2016 7:34 AM EDT

Third Quarter 2016 Sales of $1.7 Billion, Net Income of $163 Million and Reported EPS of $0.83 Third Quarter 2016 Adjusted EPS of $0.71 and Adjusted EBITDA of $304 Million or 17.7% of Net Sales Updated Outlook for Full Year 2016; Re-affirmed $550 million Free Cash Flow Guidance Announced on October 17, 2016 Plan to Pursue Tax-Free Spin-Off of Diversey Care and Related Hygiene Solutions Business

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today announced financial results for third quarter 2016. Commenting on... More