SEE - Sealed Air Non-GAAP EPS of $1.01 beats by $0.05 revenue of $1.42B misses by $10M updates FY outlook
- Sealed Air press release ( NYSE: SEE ): Q2 Non-GAAP EPS of $1.01 beats by $0.05 .
- Revenue of $1.42B (+6.8% Y/Y) misses by $10M .
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Updated 2022 Full Year Outlook:
For the full year 2022, SEE continues to expect net sales in the range of $5.85 to $6.05 billion vs consensus of $5.89B and Adjusted EBITDA in the range of $1.22 to $1.25 billion.
The Company continues to forecast full year Adjusted EPS to be in the range of $4.05 to $4.20 vs consensus of $4.11, which is based on approximately 148 million shares outstanding and an Adjusted Tax Rate of approximately 26%.
The Company continues to expect full year Free Cash Flow in 2022 to be in the range of $510 to $550 million.
For further details see:
Sealed Air Non-GAAP EPS of $1.01 beats by $0.05, revenue of $1.42B misses by $10M, updates FY outlook