Sealed Air Corp. Bottom Line Rises 20% In Q4

(RTTNews) - Sealed Air Corp. (SEE) revealed a profit for its fourth quarter that rose from last year.

The company said its bottom line totaled $151.1 million, or $0.76 per share. This was higher than $125.9 million, or $0.59 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 11.2% to $1.75 billion. This was down from $1.97 billion last year.

Sealed Air Corp. earnings at a glance:

-Earnings (Q4): $151.1 Mln. vs. $125.9 Mln. last year. -Earnings Growth (Y-o-Y): 20.0% -EPS (Q4): $0.76 vs. $0.59 last year. -EPS Growth (Y-o-Y): 28.8% -Analysts Estimate: $0.50 -Revenue (Q4): $1.75 Bln vs. $1.97 Bln last year. -Revenue Change (Y-o-Y): -11.2%