Sealed Air (SEE) Tops Q1 EPS by 15c, Revenues Beat; Suspends FY20 Guidance

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Sealed Air Reports Q1 2020 Results

May 5, 2020 7:00 AM EDT

Solving Critical Packaging Challenges in a Global Crisis

Net sales increased 6% to $1.2 billion Net earnings of $115 million, up 78%, or $0.74 per share, up 80%

Adjusted EBITDA increased 17% to $253 million

Adjusted EPS increased 24% to $0.73 per share 2020 guidance suspended due to uncertain environment

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today announced financial results for the first quarter 2020.

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