Sealed Air Swings To Net Profit In Q4

Sealed Air Corp. (SEE) reported Monday net earnings for the fourth quarter of $43.8 million or $0.30 per share, compared to a net loss of $7.3 million or $0.05 per share in the prior-year quarter.Net earnings from continuing operations was $43.8 million or $0.30 per share, compared to net loss from continuing operations of $0.4 million or $0.00 per share last year.Excluding items, adjusted earnings for the quarter were $0.77 per share, compared to $0.75 per share in the year-ago quarter.Net sales for the q ...