Overview

• Sealed Air Q3 net sales rise slightly, beating analyst expectations

• Adjusted EPS for Q3 beats consensus, rising 10% yr/yr

• Company raises 2025 outlook for adjusted EBITDA and EPS

Outlook

• Sealed Air raises 2025 Adjusted EBITDA outlook to $1,120-$1,140 mln

• Company increases 2025 Adjusted EPS forecast to $3.25-$3.35

• Sealed Air maintains 2025 sales forecast at $5,275-$5,325 mln

Result Drivers

• OPERATING LEVERAGE - Improved operating leverage and favorable tax resolutions contributed to higher net earnings and EPS

• PRODUCTIVITY INITIATIVES - Adjusted EBITDA and EPS increased due to ongoing execution of productivity initiatives and operational discipline

• VOLUME STABILIZATION - Protective volume stabilization and transformation initiatives contributed to margin expansion

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

• Wall Street's median 12-month price target for Sealed Air Corp is $41.45, about 18% above its November 3 closing price of $33.98

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn9Nyk4Xa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)