Sealed Air (SEE) Tops Q2 EPS by 6c; Reaffirms

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Go back to Sealed Air (SEE) Tops Q2 EPS by 6c; Reaffirms

Sealed Air Reports Second Quarter Results

August 2, 2018 7:00 AM EDT

Net Earnings from Continuing Operations $83 million (up 187%) or $0.52 per diluted share (up 271%) Adjusted Earnings from Continuing Operations per diluted share increased 88% year-over-year to $0.64 Net Sales from Continuing Operations increased 8% year-over-year to $1.2 billion Adjusted EBITDA from Continuing Operations increased 11% year-over-year to $218 million Acquired AFP, Inc., a leading, U.S.-based fabricator of specialty packaging solutions Reaffirm 2018 outlook for Net Sales approx. $4.75 billion, Adjusted EBITDA $890 to $910 million, Adjusted EPS $2.45 to $2.55 and Free Cash Flow approx. $400 million... More