Earnings Projections - Analysts project Sealed Air (SEE) will announce quarterly earnings of $0.64 per share, reflecting a 20% decline year over year [1] - Revenues are expected to reach $1.31 billion, a decrease of 5.3% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Key Metrics Estimates - Estimated 'Net Sales- Food' is projected at $848.56 million, indicating a change of -3.6% from the prior-year quarter [4] - 'Net Sales- Protective' is expected to reach $457.66 million, suggesting an 8.5% decline year over year [4] - 'Adjusted EBITDA- Food' is anticipated to be $180.82 million, compared to $191 million from the previous year [4] - 'Adjusted EBITDA- Protective' is projected at $85.45 million, down from $95.90 million in the same quarter last year [5] Market Performance - Over the past month, shares of Sealed Air have returned +0.8%, while the Zacks S&P 500 composite has declined by -6.7% [5] - Sealed Air currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [5]
Gear Up for Sealed Air (SEE) Q2 Earnings: Wall Street Estimates for Key Metrics