BUZZ-Sealed Air rises after upbeat quarterly results

Reuters
May 06
BUZZ-Sealed Air rises after upbeat quarterly results

** Shares of food and protective packaging company Sealed Air SEE.N up 5.5% at $29.05 premarket

** Co reports Q1 adjusted EPS of 81 cents, beating estimates of 68 cents, while revenue narrowly beat expectations- data compiled by LSEG

** Co maintains its annual sales, profit forecasts

** "While our first quarter results were ahead of expectations, we continue to be prudent as we navigate the limited-visibility environment," Roni Johnson, interim CFO

** SEE is down 18.6% YTD, as of last close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10