Company Overview - Sealed Air (SEE) is expected to report a year-over-year decline in earnings, with a projected EPS of $0.67, reflecting a decrease of 14.1% compared to the previous year [3]. - Revenues are anticipated to be $1.27 billion, down 4.6% from the same quarter last year [3]. Earnings Expectations - The consensus EPS estimate has been revised 0.93% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Sealed Air is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.12%, suggesting a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - In the last reported quarter, Sealed Air exceeded the expected EPS of $0.67 by delivering $0.75, achieving a surprise of +11.94% [12]. - Over the last four quarters, the company has consistently beaten consensus EPS estimates [13]. Industry Context - Graphic Packaging (GPK), a peer in the Zacks Containers - Paper and Packaging industry, is expected to report an EPS of $0.56, down 15.2% year-over-year, with revenues projected at $2.13 billion, a decrease of 5.7% [17]. - The consensus EPS estimate for Graphic Packaging has been revised 1.7% higher, but a lower Most Accurate Estimate results in a negative Earnings ESP of -2.14%, complicating predictions for beating the consensus [18].

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Sealed Air (SEE) , which belongs to the Zacks Containers - Paper and Packaging industry, could be a great candidate to consider.This packaging company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 15.82%.For the most recent quarter, Sealed Ai ...

Sealed Air (SEE) shares rallied 12.8% in the last trading session to close at $26.98. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 20.9% loss over the past four weeks.Sealed Air’s shares got a boost yesterday after U.S President Trump announced a 90-day pause on certain tariffs for most countries (except China). SEE serves diverse industries with operations in 117 countries/territories.This packaging compa ...

CHARLOTTE, N.C., April 3, 2025 /PRNewswire/ -- Sealed Air (NYSE: SEE) announced today that it will release its first quarter 2025 results at approximately 7:00 a.m. EDT on Tuesday, May 6, 2025, and will host a conference call and webcast at 10:00 a.m. EDT.  The conference will be webcast live. Interested parties can view the events on Sealed Air's Investors homepage at ir.sealedair.com.  About Sealed Air Sealed Air Corporation (NYSE: SEE), is a leading global provider of packaging solutions that integrate s ...

A month has gone by since the last earnings report for Sealed Air (SEE) . Shares have lost about 12% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Sealed Air due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, ...

Financial Performance - In 2024, the company experienced slightly higher net sales in the second half of the year compared to the first half, although consolidated results were slightly lower due to higher tax expenses and restructuring costs [51]. - The company has not identified any indication of goodwill impairment in its annual assessments for 2023 and 2022, indicating stable financial health [363]. - The company prepares financial projections annually, considering macroeconomic conditions and historical trends to develop medium-term growth assumptions [367]. Pension Obligations - The total projected benefit obligation for the U.S. pension plan was $127 million, with a total benefit cost of $1 million for the year ended December 31, 2024; for international pension plans, the obligation was $477 million with a cost of $4 million [367]. - The total projected benefit obligation for a defined benefit pension plan in the UK is $8 million, with a full buy-out expected to be completed by 2025 [369]. - The accumulated comprehensive losses for the UK pension plan amount to $6 million, which will be recognized in Other expense upon plan termination or full buy-out [369]. - A 25 basis point increase in the assumed discount rate would decrease the projected benefit obligation for the US by $2.5 million, while a 25 basis point decrease would increase it by $2.6 million [369]. - A 100 basis point increase in the expected long-term rate of return on plan assets would decrease the expected net periodic benefit cost for the US by $1.0 million for 2025, while a decrease would have the opposite effect [369]. Taxation - The company provides a valuation allowance on deferred tax assets when it is more likely than not that some portion will not be realized, impacting future financial results [370]. - Changes in tax laws and future taxable earnings can affect the valuation allowances related to deferred tax assets, potentially impacting the consolidated financial position [371]. - The company may establish a liability for additional taxes based on tax positions for years where statutes of limitations have not expired, which could materially affect financial results [372]. - Adjustments to tax liabilities based on audits and changing circumstances could lead to significant impacts on the company's consolidated financial position [373]. - Tax benefits from uncertain tax positions are recognized only if it is more likely than not that they will be sustained upon examination by tax authorities [374]. - The largest amount of tax benefit recognized is based on a greater than fifty percent likelihood of realization upon settlement with tax authorities [374]. Environmental Compliance and Sustainability - The company maintains compliance with various environmental regulations, which has not materially affected its capital expenditures or consolidated financial condition [52]. - The company has registered manufacturing plants in the EU to comply with regulations for products incorporating recycled content, reflecting its commitment to sustainability [53]. - The company is actively monitoring regulatory developments related to Extended Producer Responsibility (EPR) laws in various jurisdictions, including the UK, EU, and Canada [56]. - The company has reformulated certain U.S. food packaging products to comply with anticipated regulations regarding per- and polyfluoroalkyl substances (PFAS) [57]. - The company has policies in place to guide environmental, health, and safety matters, ensuring compliance with relevant laws and regulations [55]. - The company has incurred costs related to compliance with product registration and FDA requirements, but these have not had a material adverse effect on its business [53].

CHARLOTTE, N.C., Feb. 25, 2025 /PRNewswire/ -- Sealed Air Corporation (NYSE: SEE) announced today that Dustin Semach, President and Chief Executive Officer, and Roni Johnson, Interim Chief Financial Officer, will participate in the upcoming Bank of America 2025 Global Agriculture and Materials Conference and the Raymond James 46th Annual Institutional Investors Conference. Bank of America 2025 Global Agriculture and Materials Conference Date: Thursday, Feb. 27, 2025Fireside Chat Presentation: 3:30 p.m. ESTL ...

Q4 and FY 2024 Earnings and 2025 Outlook Dustin Semach, President & CEO Roni Johnson, Interim CFO Mark Stone, Investor Relations © 2024 Sealed Air | 1 February 25, 2025 - Conference Call Supplement (Unaudited Results) Safe Harbor and Regulation G Statement Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words as "anticipate," "believe," "plan," "as ...

Financial Data and Key Metrics Changes - Net sales for Q4 2024 were $1.4 billion, up 1% on a constant currency basis, while full-year sales were $5.4 billion, down 1% at constant currency [36] - Adjusted EBITDA for Q4 was $271 million, down 1% year-over-year, with a full-year adjusted EBITDA of $1.11 billion, relatively flat compared to the prior year [36][39] - Adjusted EPS for Q4 was $0.75, down 15% year-over-year, while full-year adjusted EPS was $3.14, down 1% primarily due to higher tax expenses [37][38] Business Line Data and Key Metrics Changes - Food sales for Q4 were $923 million, up 5% on an organic basis, driven by volume growth in all regions [40] - Protective business net sales for Q4 were $450 million, down 7% from the prior year, with adjusted EBITDA of $67 million, down 26% [42] - Food adjusted EBITDA for Q4 was $208 million, up 7% with a margin of 22.5%, while protective adjusted EBITDA margin was significantly lower due to volume declines [41][42] Market Data and Key Metrics Changes - The Americas region saw a constant dollar growth of 1%, driven by food strength, while EMEA and APAC also reported similar growth rates [43] - The protective segment is expected to face challenges in the first half of 2025, with a projected full-year decline of approximately 2% [48] Company Strategy and Development Direction - The company aims to further unlock potential in each business segment, targeting mid-single-digit earnings growth and high cash flow conversion over the long term [14][15] - A focus on deleveraging the balance sheet to three times is planned, with a return to balanced capital allocation including disciplined M&A and shareholder returns [15] - The company is shifting its culture to become high-performing and accountable, with an emphasis on customer focus and operational excellence [16][17] Management's Comments on Operating Environment and Future Outlook - Management acknowledged increased volatility in the macro environment due to global trade uncertainties, input costs, and foreign exchange movements [17][33] - The food business is expected to continue its growth trajectory, while the protective segment is anticipated to stabilize and inflect in volumes in the second half of 2025 [29][30] - Management expressed confidence in the company's ability to navigate challenges and drive returns for stakeholders [33][54] Other Important Information - The company plans to close two plants by the end of the year to optimize its footprint [31] - Free cash flow for the year totaled $454 million, with a net leverage ratio of 3.6 times, down from a peak of 4.1 times [44][45] - Full-year 2025 free cash flow is expected to be approximately $400 million, reflecting strong cash generation despite higher restructuring payments [51] Q&A Session Summary Question: Are there parts of the protective business that will significantly drag on volumes? - Management indicated that the industrial portfolio is expected to continue underperforming, with some bright spots in shrink films and fulfillment [58][60] Question: Can you discuss the potential impacts of tariffs? - Management noted that most of the business is domestic production, minimizing potential tariff impacts, but adjustments in the supply chain may be necessary [65][66] Question: What are the initial priorities for the new CEO? - The focus will be on accelerating customer focus, stabilizing the protective business, and enhancing cost takeout initiatives [71][75] Question: What is the outlook for the protective segment in 2024? - The protective segment is expected to face challenges in the first half, with a potential inflection in volumes in the second half [80][84] Question: How is the company addressing pricing pressures? - Management acknowledged slight inflation in resin prices and competitive pressures, but they expect to take modest price increases [87][102] Question: What is the expected growth for automation revenue? - Automation remains a critical part of the business, with expectations for growth driven by new placements and innovations in equipment [111][112]

Financial Data and Key Metrics Changes - Net sales for Q4 2024 were $1.4 billion, up 1% on a constant currency basis, while full-year sales were $5.4 billion, down 1% at constant currency [36] - Adjusted EBITDA for Q4 was $271 million, down 1% year-over-year, with a full-year adjusted EBITDA of $1.11 billion, relatively flat compared to the prior year [36][39] - Adjusted EPS for Q4 was $0.75, down 15% year-over-year, while full-year adjusted EPS was $3.14, down 1% primarily due to higher tax expenses [37][38] Business Line Data and Key Metrics Changes - Food sales for Q4 were $923 million, up 5% on an organic basis, driven by volume growth in all regions [40] - Protective business net sales for Q4 were $450 million, down 7% from the prior year, with adjusted EBITDA of $67 million, down 26% [42] - Food adjusted EBITDA for Q4 was $208 million, up 7%, with a margin of 22.5%, while protective adjusted EBITDA margin was significantly lower due to volume declines [41][42] Market Data and Key Metrics Changes - The Americas region saw a constant dollar growth of 1%, driven by food strength, while EMEA and APAC also reported 1% growth, reflecting solid volume performance in food [43] - The protective segment's performance was impacted by weakness in certain industrial portfolios and pressure within specific product lines [42] Company Strategy and Development Direction - The company aims to unlock underlying potential in each business segment, targeting mid-single-digit earnings growth and high cash flow conversion over the long term [14][15] - A focus on deleveraging the balance sheet to three times net debt to adjusted EBITDA is planned, with a return to balanced capital allocation including M&A and shareholder returns [15] - The company is shifting its culture to become high-performing and accountable, with an emphasis on customer focus and operational excellence [16][33] Management's Comments on Operating Environment and Future Outlook - Management acknowledged increased volatility in the macro environment due to global trade uncertainties, input costs, and foreign exchange movements [17][33] - The food business is expected to continue its growth trajectory, while the protective segment is anticipated to stabilize and inflect in volumes in the second half of 2025 [29][30] - The company is committed to enhancing customer service and improving operational execution across both business segments [33][54] Other Important Information - The company generated free cash flow of $454 million in 2024, slightly down from $467 million the previous year, while maintaining a strong liquidity position of $1.4 billion [44][45] - Capital expenditures for 2025 are expected to be approximately $220 million, with free cash flow projected at around $400 million [51][52] Q&A Session Summary Question: Are there parts of the protective business that will significantly drag on volumes? - Management indicated that the industrial portfolio is expected to continue underperforming, with some bright spots in shrink films and fulfillment areas [58][60] Question: Can you discuss the potential impacts of tariffs on the business? - Management noted that most of the business is domestic production, minimizing tariff impacts, but acknowledged potential challenges with cross-border trade [65][66] Question: What are the initial priorities for the new CEO? - The CEO emphasized a relentless focus on customer needs, accelerating cost takeout initiatives, and ensuring the right leadership is in place [71][78] Question: What is the outlook for the protective segment in 2025? - Management expects a second-half inflection in volumes, with ongoing efforts to stabilize the business and improve customer relationships [29][30] Question: How is the company addressing pricing pressures in the food segment? - Management highlighted the benefits of formula pricing and the ability to take modest price increases due to stable market conditions [101][102] Question: What is the expected growth for automation revenue in 2025? - Management remains optimistic about automation as a growth vector, focusing on new customer placements and product innovations [111][113]