Sealed Air and CF Industries Holdings, Inc. Among Key Stocks Lifting Investor Earnings Spirits
Sealed Air (NYSE:SEE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 100% to $0.34 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue decreased 3.65% to $1.98 billion from the year-earlier quarter.
Sealed Air reported adjusted EPS income of $0.34 per share. By that measure, the company beat the mean analyst estimate of $0.2. It beat the average revenue estimate of $1.85 billion.