Market Overview

Sealed Air's Q2 Earnings Preview

Share:

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

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

Posted-In: Earnings News

 

Related Articles (SEE)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Credit Suisse: Lam Research Faces Near-Term Pressures, But Long-Term Drivers Are Intact

Q2 Earnings Preview For Ferrari