Sealed Air Cuts FY23 Adj EPS Outlook From $3.50 - $3.80 To $2.75 - $2.95 Vs. 3.43 Est.
Portfolio Pulse from Benzinga Newsdesk
Sealed Air Corporation (SEE) has revised its FY23 adjusted EPS outlook downwards from $3.50 - $3.80 to $2.75 - $2.95, which is below the estimated $3.43.
August 08, 2023 | 11:18 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Sealed Air's downward revision of its FY23 adjusted EPS outlook may negatively impact its stock price in the short term.
Sealed Air's revised FY23 adjusted EPS outlook is lower than the previous outlook and also below the estimated $3.43. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100