Sealed Air (SEE) Tops Q4 EPS by 12c; Offers FY21 EPS/Revenues Guidance Above Consensus

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Go back to Sealed Air (SEE) Tops Q4 EPS by 12c; Offers FY21 EPS/Revenues Guidance Above Consensus

SEE Reports Q4 and Full Year 2020 Results

February 9, 2021 7:00 AM EST

Provides 2021 Outlook

Net sales increased 3% to $1.3 billion in Q4 and 2% to $4.9 billion in 2020
Q4 Net earnings of $138 million, $0.88 per share increased 10%
2020 Net earnings of $484 million, $3.10 per share increased 64%
   Adjusted EPS increased 14% to $0.89 in Q4 and 13% to $3.19 in 2020
   Adjusted EBITDA increased 3% to $279 million in Q4 and 9% to $1,051 million in 2020
Net cash provided by operating activities of $737 million increased 44% in 2020
   Free cash flow of $556 million increased 73% in 2020

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:... More