Sealed Air Reports Q1 2020 Results
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Sealed Air (SEE) Tops Q1 EPS by 15c, Revenues Beat; Suspends FY20 Guidance
May 5, 2020 7:01 AM EDTSealed Air (NYSE: SEE) reported Q1 EPS of $0.73, $0.15 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.13 billion.
Net sales increased 6% to $1.2 billionNet earnings of $115 million, up 78%, or $0.74 per share, up 80%Adjusted EBITDA increased 17% to $253 millionAdjusted EPS increased 24% to $0.73 per shareOur purpose to protect, to solve critical packaging challenges, and to leave our... More
