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Sealed Air's (SEE) Q1 results are likely to reflect the impacts of lower volumes, owing to recessionary pressures in the industrial and fulfillment market, and food market declines.
Sealed Air (SEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHARLOTTE, N.C. , April 2, 2024 /PRNewswire/ -- SEE (NYSE: SEE) announced today that it will release its first quarter 2024 results at approximately 7:00 a.m.
Sealed Air (SEE) witnesses year-over-year declines in its Q4 top and bottom lines due to lower volumes.
Although the revenue and EPS for Sealed Air (SEE) give a sense of how its business performed in the quarter ended December 2023, 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 $0.88 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.99 per share a year ago.
Sealed Air (SEE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Sealed Air's (SEE) Q4 results are likely to bear lower volumes, owing to recessionary pressures in the industrial and fulfillment market, and food market declines.
Besides Wall Street's top -and-bottom-line estimates for Sealed Air (SEE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Sealed Air (SEE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.