Sealed Air (SEE) To Report Q3 Earnings: Is A Beat In Store?
Zacks Investment Research | Oct 31, 2019 09:53PM ET
Sealed Air Corporation (NYSE:SEE) is scheduled to report third-quarter 2019 results on Nov 6, before the opening bell.
The global leader in food safety and security as well as product protection has an impressive surprise history. Sealed Air’s earnings surpassed the Zacks Consensus Estimate in all of the trailing four quarters, the average being 10.53%.
Which Way Are Estimates Treading?
Let’s take a look at the estimate revision trend to get a clear picture of what analysts expect from the company prior to the earnings release.
The Zacks Consensus Estimate for third-quarter revenues is pegged at $1.24 billion, indicating a rise of 4.12% from the year-ago quarter’s reported figure. The same for earnings stands at 63 cents, suggesting 3.28% improvement from the prior-year quarter’s tally. Notably, the Zacks Consensus Estimate has remained stable in the past 30 days.
Sealed Air Corporation Price, Consensus and EPS Surprise
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