Sealed Air Expected to Announce Quarterly Sales of $1.13 Billion

April 30, 2019 Off By Sebastian Reisig

Brokerages expect Sealed Air Corp (NYSE:SEE) to announce $1.13 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Sealed Air’s earnings. The lowest sales estimate is $1.12 billion and the highest is $1.14 billion. Sealed Air also reported sales of $1.13 billion in the same quarter last year. The firm is scheduled to announce its next earnings results before the market opens on Wednesday, May 1st.

According to Zacks, analysts expect that Sealed Air will report full-year sales of $4.81 billion for the current financial year, with estimates ranging from $4.79 billion to $4.85 billion. For the next fiscal year, analysts forecast that the business will post sales of $4.93 billion, with estimates ranging from $4.81 billion to $4.98 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Sealed Air.