Sealed Air surpassed Q2 earnings expectations by $0.19 EPS, generating $1.35bn in revenue.
Sealed Air, an industrial products company, reported Q2 earnings of $0.83 EPS, surpassing analyst expectations by $0.19 and generating $1.35bn in revenue. Shares traded down $2.45, reaching $33.11. The company has a market cap of $4.82bn, a PE ratio of 13.30, and a beta of 1.35. Despite recent downgrades, Sealed Air received a "buy" rating from Truist Financial and a "market perform" rating from William Blair.
August 10, 2024
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