Sealed Air Q3 2022 Earnings Report
Key Takeaways
SEE reported flat net sales of $1.4 billion but an 8% increase in Adjusted EBITDA to $293 million. Net earnings increased by 23% to $133 million, and adjusted earnings per share increased by 14% to $0.98.
Net sales of $1.4 billion, flat as reported; up 5% constant currency
Net earnings of $133 million, up 23%
Adjusted EBITDA of $293 million, up 8% as reported; up 12% constant currency
Adjusted Earnings per share (Diluted) of $0.98, up 14% as reported; up 19% constant currency
Sealed Air
Sealed Air
Sealed Air Revenue by Segment
Sealed Air Revenue by Geographic Location
Forward Guidance
SEE now expects net sales to be in the range of $5.65 to $5.75 billion and Adjusted EBITDA to be in the range of $1.21 to $1.23 billion. The Company forecasts full year Adjusted EPS to be in the range of $4.05 to $4.15 and now expects full year Free Cash Flow in 2022 to be in the range of $460 to $500 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income