Will Sealed Air (SEE) Miss Q3 Earnings on Lower Volumes?

DE SEE ROK ZBRA

Sealed Air Corporation (SEE - Free Report) is slated to release third-quarter 2017 results on Nov 8, before the opening bell.

In the second quarter, the company’s bottom-line declined 5.4% on a year-over-year basis despite a 3% rise in the top-line. Notably, Sealed Air’s earnings lagged estimates while revenues beat in the second quarter.

The company has delivered an average negative earnings surprise of 1.64% in the trailing four quarters. Let’s see how things are shaping up for this announcement.

Sealed Air Corporation Price and EPS Surprise

 

Sealed Air underperformed the industry in the past year. While the stock dipped 3.9%, the industry recorded growth of 16.9%.

Stocks that Warrant a Look

Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:

Deere & Company (DE - Free Report) has an Earnings ESP of +0.71% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Rockwell Automation Inc. (ROK - Free Report) has an Earnings ESP of +1.94% and a Zacks Rank #2.

Zebra Technologies Corporation (ZBRA - Free Report) has an Earnings ESP of +1.74% and a Zacks Rank #2.

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