Sealed Air Corporation (SEE - Free Report) is a major specialty packaging service provider catering to a diverse set of end markets. The company operates in the United States as well as globally with packaging and performance-based materials and equipment systems serving food, medical, and an array of industrial and consumer applications.
Sealed Air will benefit from enhanced demand for its core product portfolio and the recently introduced innovations. Accelerated growth in the global protein market along with the eCommerce sector also remains tailwinds. However, unfavorable foreign will impact its results.
Investors have been thus eagerly waiting for the second quarter earnings release of this Elmwood Park, N.J. based packaging company. Let’s have a quick look at its earnings results.
Estimate Trend & Surprise History: The investors should note that the earnings estimate for Sealed Air for the second quarter has remained stable over the past month. The Zacks Consensus Estimate is currently pegged at 36 cents.
Sealed Air Corporation Price and EPS Surprise