Sealed Air Reports First Quarter 2017 Results

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Sealed Air (SEE) PT Lowered to $40 at Jefferies

May 10, 2017 9:36 AM EDT

Jefferies lowered its price target on Sealed Air (NYSE: SEE) to $40.00 (from $45.00) while maintaining a Hold rating.

Analyst Philip Ng believes that, while management did a better job delivering on its growth initiatives, with all the noise from Diversey and mix... More

Sealed Air (SEE) Reports Q1 EPS of 43c

May 9, 2017 7:10 AM EDT

Sealed Air (NYSE: SEE) reported Q1 EPS of $0.43, may not compare to analyst estimate of $0.47. Revenue for the quarter came in at $1.03 billion, may not compare to consensus estimate of $1.58 billion.

GUIDANCE:

Updated Outlook for Full Year 2017, Continuing Operations

For the full year 2017, the Company expects to achieve approximately Net Sales of $4.3 billion, as compared to $4.2 billion for the full year 2016. This sales performance is based on an expected 3% constant dollar sales growth in Food Care... More