SEE - Sealed Air Non-GAAP EPS of $0.99 beats by $0.01 revenue of $1.41B misses by $50M
- Sealed Air press release ( NYSE: SEE ): Q4 Non-GAAP EPS of $0.99 beats by $0.01 .
- Revenue of $1.41B (-7.8% Y/Y) misses by $50M .
- FY2023 Outlook : For FY2023, SEE expects net sales in the range of $5.85B to $6.10B vs. consensus of $5.83B; Adjusted EBITDA is expected to be in the range of $1.25B to $1.30B; Adjusted EPS to be in the range of $3.50 to $3.80 vs. consensus of $4.16; Adjusted Tax Rate of approximately 26% to 27%; Free cash flow to be in the range of $475M to $525M, with capital expenditures in the range of $260M to $280M. Cash tax payments are expected to be in the range of $240M to $250M.
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Sealed Air Non-GAAP EPS of $0.99 beats by $0.01, revenue of $1.41B misses by $50M