Sealed Air (SEE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sealed Air (SEE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Sealed Air (SEE) reported earnings 30 days ago. What's next for the stock?
SEE's Q4 top line reflects a volume decline in the Protective segment, partially offset by growth in the Food segment.
Although the revenue and EPS for Sealed Air (SEE) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sealed Air (SEE) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.88 per share a year ago.
Evaluate the expected performance of Sealed Air (SEE) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
SEE's Q4 results are likely to reflect the impacts of lower volumes, owing to recessionary pressures, offset by growth initiatives.
Sealed Air Corporation (NYSE:SEE ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brian Sullivan - Investor Relations Patrick Kivits - Chief Executive Officer Dustin Semach - President & Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Anthony Pettinari - Citi Ghansham Panjabi - Baird Stefan Diaz - Morgan Stanley Josh Spector - UBS Mike Roxland - Truist Securities Edlain Rodriguez - Mizuho Gabe Hajde - Wells Fargo Securities Phil Ng - Jefferies Matt Roberts - Raymond James Operator Good day and thank you for standing by. Welcome to the Q3 2024 Sealed Air Earnings Conference Call.
SEE's Q3 earnings reflect benefits from the cost take-out program and higher volumes in the Food segment, offset by a weaker performance at Protective.
Although the revenue and EPS for Sealed Air (SEE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.