SEE Reports Q4 and Full Year 2020 Results
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Sealed Air (SEE) Tops Q4 EPS by 12c; Offers FY21 EPS/Revenues Guidance Above Consensus
February 9, 2021 7:10 AM ESTSealed Air (NYSE: SEE) reported Q4 EPS of $0.88, $0.12 better than the analyst estimate of $0.76. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.3 billion.
Provides 2021 OutlookNet sales increased 3% to $1.3 billion in Q4 and 2% to $4.9 billion in 2020Q4 Net earnings of $138 million, $0.88 per share increased 10%2020 Net earnings of $484 million, $3.10 per share increased 64%Adjusted EPS increased 14% to $0.89 in Q4 and 13% to $3.19 in 2020Adjusted EBITDA increased 3% to $279 million in Q4 and 9% to $1,051 million in 2020Net cash provided by operating activities of $737... More