Categories Earnings, LATEST, Other Industries
Earnings Summary: Sealed Air Corp (SEE) reports Q2 2023 financial results
Packaging solutions provider Sealed Air Corp. (NYSE: SEE) on Tuesday announced results for the second quarter, reporting lower sales and earnings, on an adjusted basis.
- Net sales decreased 3% annually to $1.38 billion in the second quarter; and down 1% in constant currency
- At $94 million, Sealed Air’s net income was down 18% year-over-year in Q2; Earnings per share dropped 16% to $0.65
- On an adjusted basis, EPS declined 21% from last year to $0.80; and dropped 22% in constant currency
- Second-quarter adjusted EBITDA came in at $280 million, which is down 4% year-over-year; and down 5% in constant currency
- The company ended the first half with cash flow from operations of $7 million
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
