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Sealed Air (NYSE:SEE) releases its next round of earnings this Friday, August 2. Here's Benzinga's essential guide to Sealed Air's Q2 earnings report.
Earnings and Revenue
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Analysts predict Sealed Air will report earnings of 64 cents per share on revenue of $1.17 billion.
Sealed Air reported a per-share profit of 64 cents when it published results during the same quarter last year. Sales in that period totaled $1.16 billion. Sales would be up 1.30% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.560 | 0.67 | 0.61 | 0.58 |
| EPS Actual | 0.590 | 0.75 | 0.61 | 0.64 |
Stock Performance
Shares of Sealed Air were trading at $41.79 as of July 31. Over the last 52-week period, shares are down 5.17%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analysts have not modified their estimates for EPS and revenues over the past 90 days. The popular rating by analysts on Sealed Air stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Sealed Air is scheduled to hold a conference call at 10:00 a.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/3x37dqhr
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.