Sealed Air (SEE) Reports Q1 EPS of 43c

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Sealed Air Reports First Quarter 2017 Results

May 9, 2017 7:00 AM EDT

Announced definitive agreement to sell Diversey to Bain Capital Private Equity for $3.2 billion on March 27, 2017; Diversey reported as Discontinued Operations First Quarter 2017 Sales from Continuing Operations of $1.0 Billion, an increase of 3% reflecting 6% growth in North America Net Loss from Continuing Operations of $54 Million and Reported Net Loss Per Share from Continuing Operations of $(0.27), including tax expense of $127 Million, or $0.65 Per Diluted Share Related to Pending Sale of Diversey Adjusted Net Income from Continuing Operations of $85 Million and Adjusted EPS from Continuing Operations of $0.43 per share... More