Sealed Air Corporation (SEE) reported third-quarter 2024 adjusted earnings per share (EPS) of 79 cents, which surpassed the Zacks Consensus Estimate of 66 cents by a margin of 19.7%. The bottom line increased 2.6% year over year.SEE’s results benefited from its cost take-out to grow program (CTO2Grow Program) and cost-control initiatives. Improvement in the Food segment’s results were offset by the continued weakness in the Protective segment.Including special items, the company delivered EPS from continuin ...

For the quarter ended September 2024, Sealed Air (SEE) reported revenue of $1.35 billion, down 2.7% over the same period last year. EPS came in at $0.79, compared to $0.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.34 billion, representing a surprise of +0.19%. The company delivered an EPS surprise of +19.70%, with the consensus EPS estimate being $0.66.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Sealed Air (SEE) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.70%. A quarter ago, it was expected that this packaging company would post earnings of $0.64 per share when it actually produced earnings of $0.83, delivering a surprise of 29.69%.Over the last four quarters, the comp ...

Exhibit 99.1 Sealed Air Reports Q3 2024 Results Third Quarter 2024 Highlights and Financial Results • Shifted operating structure into two distinct verticals, Food and Protective, and announced both vertical presidents with strong commercial packaging expertise • Volume growth in Food driven by strong end-market demand and competitive wins • Protective industrial and fulfillment portfolios continue to be weak • Cost take-out on track to generate $90 million of incremental cost savings for full-year 2024 • N ...

Sealed Air Corporation (SEE) is scheduled to report third-quarter 2024 results on Nov. 7, before the opening bell.The Zacks Consensus Estimate for SEE’s third-quarter revenues is pegged at $1.34 billion, indicating a 2.8% decline from the year-ago reported figure.The consensus estimate for earnings is pegged at 66 cents per share. The Zacks Consensus Estimate for SEE’s third-quarter earnings has been unchanged in the past 60 days. The estimate indicates a year-over-year decline of 14.3%. Image Source: Zacks ...

Analysts on Wall Street project that Sealed Air (SEE) will announce quarterly earnings of $0.66 per share in its forthcoming report, representing a decline of 14.3% year over year. Revenues are projected to reach $1.34 billion, declining 2.8% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its ...

CHARLOTTE, N.C., Oct. 17, 2024 /PRNewswire/ -- Sealed Air (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on December 20, 2024 to stockholders of record at the close of business on December 6, 2024. About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integrate sustainable, high-performance materials, automation, equipment and services. Sealed Air designs ...

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Sealed Air (NYSE: SEE) announced today that it will release its third quarter 2024 results at approximately 7:00 a.m. (ET) on Thursday, November 7, 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 Sealed Air's Investors homepage at www.sealedair.com/investors. About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions t ...

CHARLOTTE, N.C., Oct. 1, 2024 /PRNewswire/ -- Sealed Air Corporation (NYSE: SEE) today announced the appointment of Anthony (Tony) Allott to its Board of Directors. Tony is an experienced senior executive in the packaging sector. For 16 years, Tony was Chief Executive Officer and President of Silgan Holdings Inc., a publicly traded global manufacturer of sustainable rigid packaging for consumer goods products, where he continues to serve as Chairperson of the Silgan board in a non-executive capacity. Tony j ...

CHARLOTTE, N.C., Aug. 30, 2024 /PRNewswire/ -- Sealed Air Corporation (NYSE: SEE) will participate in the following event: 2024 Jefferies Industrials Conference – September 4, 2024, New York, NY 8:40 am ET – Fireside chat Patrick Kivits, CEO Dustin Semach, President and CFO Presentation will be webcast live. Interested parties can view the events on Sealed Air's Investors homepage at www.sealedair.com/investors. About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging s ...