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Sealed Air Corp Issues FY 2013 Guidance; Earnings Guidance Below Analysts' Estimates

Tuesday, 19 Feb 2013 07:29am EST 

Sealed Air Corp announced that for fiscal 2013, it expects net sales in the range of approximately $7.7-$7.9 billion, adjusted EBITDA of $1.01 billion to $1.03 billion, and Adjusted EPS between $1.10 and $1.20. Adjusted EPS guidance excludes the payment of the W. R. Grace settlement, as the exact timing of the settlement is unknown. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $7.8 billion, EBITDA of $1.05 billion and EPS of $1.25 for fiscal 2013. 

Company Quote

-0.49 -1.34%
22 Sep 2014