BUZZ-Sealed Air rises after upbeat quarterly results

Reuters
05/06
BUZZ-Sealed Air rises after upbeat quarterly results

** Shares of food and protective packaging company Sealed Air SEE.N up 5.5% at $29.05 premarket

** Co reports Q1 adjusted EPS of 81 cents, beating estimates of 68 cents, while revenue narrowly beat expectations- data compiled by LSEG

** Co maintains its annual sales, profit forecasts

** "While our first quarter results were ahead of expectations, we continue to be prudent as we navigate the limited-visibility environment," Roni Johnson, interim CFO

** SEE is down 18.6% YTD, as of last close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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