01.11.2018 12:46:37

Sealed Air Reaffirms FY18 Outlook - Quick Facts

(RTTNews) - Sealed Air Corp. (SEE) announced Thursday it continues to expect adjusted earnings for fiscal 2018 in a range of $2.40 to $2.45 per share.

The company also still projects full year net sales to be about $4.7 billion, a constant dollar growth rate of about 6 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.43 per share on sales growth of 5.7 percent to $4.72 billion for the year. Analysts' estimates typically exclude special items.

The company also said the existing restructuring program is expected to realize annualized savings of $40 million in 2018 and an additional $25 million in 2019.

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