Sealed Air Corp. Q2 Earnings Climb 1%

(RTTNews) - Sealed Air Corp. (SEE) released a profit for its second quarter that advanced from last year.

The company said its bottom line came in at $128.9 million, or $0.65 per share. This was up from $127.2 million, or $0.60 per share, in last year's second quarter.

Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.4% to $1.73 billion. This was down from $1.79 billion last year.

Sealed Air Corp. earnings at a glance:

-Earnings (Q2): $128.9 Mln. vs. $127.2 Mln. last year. -Earnings Growth (Y-o-Y): 1.3% -EPS (Q2): $0.65 vs. $0.60 last year. -EPS Growth (Y-o-Y): 8.3% -Analysts Estimate: $0.65 -Revenue (Q2): $1.73 Bln vs. $1.79 Bln last year. -Revenue Change (Y-o-Y): -3.4%

-Guidance: Full year EPS guidance: $2.52 - $2.60 Full year revenue guidance: $6.85 Bln