RPT-Packaging firm Sealed Air's Q2 net sales beat expectations

Reuters
Aug 05
RPT-Packaging firm Sealed Air's <a href="https://laohu8.com/S/QTWO">Q2</a> net sales beat expectations

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Overview

  • Sealed Air Q2 net sales of $1.34 bln beat analyst expectations

  • Adjusted EPS rises 7.2% to $0.89, exceeding analyst estimates

  • Co maintains full-year outlook, focusing on debt reduction and productivity

Outlook

  • Sealed Air maintains 2025 financial outlook despite North America volume weakness

  • Company expects 2025 net sales between $5.1 bln and $5.5 bln

  • Sealed Air projects 2025 adjusted EBITDA of $1.075 bln to $1.175 bln

  • Company anticipates 2025 adjusted EPS of $2.90 to $3.30

  • Sealed Air forecasts 2025 free cash flow of $350 mln to $450 mln

Result Drivers

  • PROTECTIVE VOLUMES - Stabilized with industrial portfolio showing growth due to transformation efforts

  • FOOD SALES - Flat with favorable pricing offset by softer volumes in North America

  • MARGIN EXPANSION - Driven by improved operating leverage and business optimization

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net sales

Beat

$1.34 bln

$1.31 bln (10 Analysts)

Q2 Adjusted EPS

Beat

$0.89

$0.71 (13 Analysts)

Q2 EPS

$0.64

Q2 Net Income

$94 mln

Q2 Operating profit

$198.30 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 8 "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 $40.00, about 27.5% above its August 4 closing price of $28.98

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

Press Release: ID:nPn3G77cNa

(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.)

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