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Stock impact report

Sealed Air Provides Preliminary Third Quarter Results and Updates Outlook for Full Year 2018

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) today provided preliminary third quarter results and revised full year 2018 guidance. Preliminary third quarter 2018 net earnings from continuing operations is expected to be in the range of $73 million to $78 million. Earnings per diluted share is expected to be in the range of $0.46 to $0.49 and adjusted earnings per diluted share is expected to be in the range of $0.60 to $0.61. Net Sales are expected to be approximately $1.2 billion, an increase of 5% as reported year-over-year. Excluding $39 million of unfavorable currency, Net Sales are expected to increase approximately 8%, reflecting the Company's global market leadership across the specialty fresh food and e-Commerce markets. This growth was attributable to favorable pricing, a slight increase in volumes, and $44 million in acquisitions. Preliminary Adjusted EBITDA is Show less Read more
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