Sealed Air Corp. (SEE) Tops Q1 EPS by 9c

Sealed Air Corp. (NYSE: SEE) reported Q1 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.84 billion.

“We have made tremendous progress engaging our customers on our value-added solutions and how we ‘Re-imagine™ the industries they serve.’ We will continue to focus on improving our product mix and delivering the most innovative solutions to the marketplace. Our first quarter performance is a true testament to our strong market leadership position and commitment to improving the quality of earnings. We are on track to achieve the high-end of the range we previously provided for full year Adjusted EBITDA of $1.050 billion to $1.070 billion. We are also increasing our Free Cash Flow outlook to approximately $425 million,” Peribere continued.

For earnings history and earnings-related data on Sealed Air Corp. (SEE) click here.

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