Sealed Air Expects FY24 Adjusted EPS To Be In The Range Of $2.65-$3.05 Vs. $3.03 Estimate, Projects FY24 Net Sales Of $5.2B-$5.6B Vs. $5.5B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sealed Air projects its FY24 adjusted EPS to range between $2.65 and $3.05, compared to the $3.03 estimate. The company also forecasts FY24 net sales to be between $5.2B and $5.6B, against the $5.5B estimate.
February 27, 2024 | 12:12 pm
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Sealed Air's FY24 earnings and sales projections are slightly below analysts' estimates, indicating potential cautious investor sentiment.
Sealed Air's projected FY24 adjusted EPS and net sales are both below the analysts' estimates, which could lead to a negative short-term impact on the stock price due to potential investor disappointment or cautious sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100