Sealed Air (NYSE:SEE) reported its Q4 earnings results on Thursday, February 17, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Sealed Air missed estimated earnings by 0.88%, reporting an EPS of $1.12 versus an estimate of $1.13.
Revenue was up $191.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04, which was followed by a 2.13% increase in the share price the next day.
Here's a look at Sealed Air's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.82 | 0.78 | 0.70 | 0.76 |
| EPS Actual | 0.86 | 0.79 | 0.78 | 0.89 |
| Revenue Estimate | 1.37B | 1.28B | 1.22B | 1.30B |
| Revenue Actual | 1.41B | 1.33B | 1.27B | 1.34B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Sealed Air management provided guidance for their next quarter, expecting earnings between $3.95 and $4.15 per share for the next quarter.
This represents a 261.61% in quarter-over-quarter growth for Sealed Air, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
