Sealed Air (SEE) Misses Q4 EPS by 1c

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SEE Reports Q4 and Full Year 2021 Results

February 17, 2022 7:00 AM EST

Provides 2022 Outlook

Net sales in Q4 of $1.5 billion, up 14% and in 2021 of $5.5 billion, up 13%
Net earnings in Q4 of $169 million, up 23% and in 2021 of $491 million, up 1%
   Adjusted EBITDA in Q4 of $330 million, up 18% and in 2021 of $1,132 million, up 8%
EPS in Q4 of $1.12, up 27% and in 2021 of $3.22, up 4%
   Adjusted EPS in Q4 of $1.12, up 26% and in 2021 of $3.55, up 11%
Cash flow from operations of $710 million, down 4% in 2021
   Accelerating growth investments, CapEx of $213 million, up 18%, in 2021

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