Sealed Air (SEE) Tops Q3 EPS by 1c, Slight Revenue Beat; Reaffirms FY18 EPS Outlook

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Go back to Sealed Air (SEE) Tops Q3 EPS by 1c, Slight Revenue Beat; Reaffirms FY18 EPS Outlook

Sealed Air Reports Third Quarter Results

November 1, 2018 7:00 AM EDT

Net Sales from Continuing Operations increased year-over-year to $1.2 billion (up 5%) Net Earnings from Continuing Operations $76 million (up 21%) or $0.48 per diluted share (up 45%) Adjusted Earnings from Continuing Operations per diluted share of $0.61 (up 33%) Reaffirm 2018 Outlook provided on October 17, 2018 Existing restructuring program expected to realize annualized savings of $40 million in 2018 and an additional $25 million in 2019

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today announced financial results for the third quarter 2018.... More