Sealed Air(SEE)
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Sealed Air(SEE) - 2024 Q2 - Earnings Call Presentation
2024-08-08 16:41
Automation · Digital · Packaging Q2 2024 Earnings and 2024 Outlook Henry Keizer Chairman of the Board Patrick Kivits CEO | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | Dustin Semach | | | | | | | | | | | | President & CFO | | | | | | | | | | | | Brian Sullivan Investor Relations | | | | | | | | | | | | | | | | | | | | | | | © 2024 SEE | 1 Augus ...
Compared to Estimates, Sealed Air (SEE) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-08 14:35
Sealed Air (SEE) reported $1.35 billion in revenue for the quarter ended June 2024, representing a year-overyear decline of 2.6%. EPS of $0.83 for the same period compares to $0.80 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.31 billion, representing a surprise of +2.90%. The company delivered an EPS surprise of +29.69%, with the consensus EPS estimate being $0.64. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
Sealed Air (SEE) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 13:17
Sealed Air (SEE) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 29.69%. A quarter ago, it was expected that this packaging company would post earnings of $0.53 per share when it actually produced earnings of $0.78, delivering a surprise of 47.17%. Over the last four quarters, the com ...
Sealed Air(SEE) - 2024 Q2 - Quarterly Results
2024-08-08 11:11
Exhibit 99.1 Sealed Air Reports Q2 2024 Results Second Quarter 2024 Highlights and Financial Results • Patrick Kivits joined Sealed Air as Chief Executive Officer • Dustin Semach promoted to President and Chief Financial Officer • Volume growth in Food driven by strong end-market demand • Protective volume weakness now expected to persist throughout 2024 into 2025 • CTO2Grow on track to generate $90 million of incremental cost savings for full-year 2024 • Strong generation of cash flow from operations and c ...
Will Lower Volumes Impact Sealed Air's (SEE) Q2 Earnings?
ZACKS· 2024-08-06 17:01
Sealed Air Corporation (SEE) is scheduled to report second-quarter 2024 results on Aug 8, before the opening bell. The Zacks Consensus Estimate for SEE's second-quarter revenues is pegged at $1.31 billion, indicating a 5.3% decline from the year-ago reported figure. The consensus estimate for earnings is pegged at 64 cents per share. The Zacks Consensus Estimate for SEE's second-quarter earnings has been unchanged in the past 60 days. The estimate indicates a year-over-year decline of 20%. | --- | --- | --- ...
Gear Up for Sealed Air (SEE) Q2 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-08-06 14:21
Analysts on Wall Street project that Sealed Air (SEE) will announce quarterly earnings of $0.64 per share in its forthcoming report, representing a decline of 20% year over year. Revenues are projected to reach $1.31 billion, declining 5.3% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company revea ...
This Sealed Air Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Benzinga· 2024-07-19 13:12
Loading... Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Check This Out: Loading... Baird analyst Andrew Wittmann downgraded the rating for Cintas Corporation CTAS from Outperform to Neutral, while increasing the price target from $750 to $775. Cintas shares gained 5.4% to settle at $758.97 on Thursday. See how other analysts view this stock. See how ot ...
SEE to Hold Conference Call to Discuss Second Quarter 2024 Results
Prnewswire· 2024-07-01 20:30
CHARLOTTE, N.C., July 1, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its second quarter 2024 results at approximately 7:00 a.m. (ET) on Thursday, August 8, 2024 and will host a conference call and webcast at 10:00 a.m. (ET). The conference will be webcast live. Interested parties can view the events on SEE's Investors homepage at www.sealedair.com/investors. Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integrate sustainable, high- ...
SEE Announces Closing of Offering of Senior Notes
Prnewswire· 2024-06-28 16:41
CHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced, together with Sealed Air Corporation (US) (together with SEE, the "Issuers"), the closing of their previously announced offering of $400 million aggregate principal amount of 6.500% senior notes due 2032 (the "Notes"). The Notes were sold to investors at 100.0% of their aggregate principal amount. The Notes are jointly and severally, and irrevocably and unconditionally, guaranteed on a senior unsecured ...
SEE Announces Expiration and Results of Offer to Purchase 5.500% Senior Notes due 2025
Prnewswire· 2024-06-25 00:13
CHARLOTTE, N.C., June 24, 2024 /PRNewswire/ -- Sealed Air Corporation ("SEE") (NYSE: SEE) today announced that its previously announced cash tender offer (the "Tender Offer") for any and all of its 5.500% senior notes due 2025 (the "Notes") expired at 5:00 p.m. New York City time, on June 24, 2024 (the "Expiration Date"). According to information provided by Global Bondholder Services Corporation, the Depositary and Information Agent for the Tender Offer, $277,801,000 aggregate principal amount of the Notes ...