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Sealed Air (SEE)
:SEE
US Market
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Sealed Air (SEE) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 06, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
0.68
Last Year’s EPS
0.88
Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 01, 2018
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% Change Since: -8.78%
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Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in the Food segment and successful cost management initiatives, contributing to a positive financial outlook. However, challenges in the Protective segment and external pressures such as Hurricane Helene and pricing dynamics introduced concerns. Despite these issues, the strategic reorganization and leadership changes are set to address these challenges moving forward.
Company Guidance
During the Q3 2024 earnings call for Sealed Air (SEE), the guidance provided highlighted various financial metrics and expectations. The company reported third-quarter sales of $1.35 billion and an adjusted EBITDA of $276 million, reflecting a year-over-year decrease of 3% on a reported basis. Adjusted earnings per share (EPS) increased by 3% to $0.79, with a lower adjusted tax rate of 24% compared to the previous year's 25.7%. The company also noted an organic sales decline of 2% driven by lower pricing in both the Food and Protective segments, while volumes were relatively flat. For the full year, Sealed Air anticipates Q4 sales of approximately $1.3 billion, with an expected slight year-over-year volume increase as strength in the Food segment partially offsets ongoing weakness in Protective. The company is also raising the midpoint of its adjusted EPS guidance due to lower interest expenses and a more favorable effective tax rate, along with an increase in free cash flow guidance to $400 million, reflecting improved working capital. Additionally, Sealed Air reiterated its commitment to achieving a net debt to adjusted EBITDA target below 3.5x by the end of 2025.
Food Segment Growth
The Food business delivered above-market growth across end markets and product lines, driven by commercial excellence, new product launches, and competitive wins. Organic sales grew with a positive volume growth in all regions, driven by strength in protein end-market demand.
Strong Free Cash Flow
Sealed Air delivered strong free cash flow of $323 million year-to-date, significantly higher than $183 million a year ago, reflecting improvements in working capital.
Cost Takeout Initiatives
The company is on track with its cost takeout initiatives, aiming for $140 million to $160 million in savings, with $90 million already realized.
Leadership and Strategic Reorganization
Sealed Air reorganized into two verticals, Food and Protective, to enhance operational efficiency and customer focus. New leadership appointments indicate a strategic shift.
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Sealed Air (SEE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

SEE Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 02, 20182018 (Q2)
- / 0.64
0.3582.86% (+0.29)
Nov 01, 20182018 (Q3)
- / 0.61
0.4632.61% (+0.15)
Feb 07, 20192018 (Q4)
- / 0.75
0.5829.31% (+0.17)
May 01, 20192019 (Q1)
- / 0.59
0.5115.69% (+0.08)
Aug 02, 20192019 (Q2)
- / 0.80
0.6425.00% (+0.16)
Nov 06, 20192019 (Q3)
- / 0.64
0.614.92% (+0.03)
Feb 11, 20202019 (Q4)
- / 0.78
0.754.00% (+0.03)
May 05, 20202020 (Q1)
- / 0.73
0.5923.73% (+0.14)
Aug 06, 20202020 (Q2)
- / 0.76
0.8-5.00% (-0.04)
Oct 28, 20202020 (Q3)
- / 0.82
0.6428.12% (+0.18)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SEE Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024$36.90$35.37-4.15%
Aug 08, 2024$33.98$35.15+3.44%
May 02, 2024$31.56$34.35+8.84%
Feb 27, 2024$35.28$34.25-2.92%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Sealed Air (SEE) report earnings?
Sealed Air (SEE) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
    What is Sealed Air (SEE) earnings time?
    Sealed Air (SEE) earnings time is at Feb 06, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is SEE EPS forecast?
          SEE EPS forecast for the fiscal quarter 2024 (Q4) is 0.68.
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