Earnings Outlook For Sealed Air
Portfolio Pulse from Benzinga Insights
Sealed Air (NYSE:SEE) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $0.64. The company's past performance shows a mix of earnings beats and misses, with the stock price reacting accordingly. Shares have declined 25.38% over the last year, indicating potential investor concern ahead of the earnings announcement.
February 26, 2024 | 3:02 pm
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Sealed Air is expected to report an EPS of $0.64 for the latest quarter. Historical performance shows variable reactions to earnings reports, with a significant year-over-year share price decline of 25.38%.
The expected EPS of $0.64 sets a cautious tone for Sealed Air's upcoming earnings report. Historical data indicates that the company's stock price can react positively to earnings beats but has been on a downward trend over the past year. The anticipation of the earnings report and the potential for positive guidance could influence short-term stock movement, although the significant year-over-year decline suggests underlying investor concerns that may temper any positive reaction.
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