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
NKE Earnings: Here’s everything you need to know about Nike’s Q1 report
Nike, Inc. (NYSE: NKE) on Thursday reported results for the first three months of fiscal 2024, reporting a modest rise in revenues. The sneaker giant reported net income of $1.45
Key takeaways from Accenture’s (ACN) Q4 2023 earnings report
Shares of Accenture plc (NYSE: ACN) were down 4% on Thursday after the company delivered mixed results for the fourth quarter of 2023 and provided full-year guidance that came below
CarMax (KMX) Q2 2024 Earnings: Key financials and quarterly highlights
CarMax, Inc. (NYSE: KMX) reported second quarter 2024 earnings results today. Net revenues were $7.1 billion, down 13.1% compared to the same period a year ago. Net earnings declined 5.8%
