SEE Earnings Prediction
The chart below shows how SEE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SEE sees a +3.01% change in stock price 10 days leading up to the earnings, and a +1.48% change 10 days following the report. On the earnings day itself, the stock moves by -2.70%. This data can give you a slight idea of what to expect for the next quarter's release.
SEE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.35B
-2.66%
0.00%
Gross Margin
28.67%
-0.45%
-3.53%
Operating Margin
14.76%
-5.63%
-4.59%
Net Margin
6.59%
58.03%
-9.35%
EPS
0.63
61.54%
-5.97%
No Data Available
SEE Earnings Analysis
Sealed Air Corp. Corporation (SEE.N) Earnings Conference Call
Positive
Free Cash Flow Increase: 1. Strong Free Cash Flow: Sealed Air generated a robust free cash flow of $323 million year-to-date, significantly up from $183 million in the same period last year, reflecting improved working capital management.
Food Segment Sales Increase: 2. Food Segment Growth: The Food segment achieved net sales of $898 million, marking a 1% increase, driven by positive volume growth across all regions and strong demand in the protein end market.
Food Segment EBITDA Growth: 3. Increased Adjusted EBITDA: The Food segment's adjusted EBITDA rose by 6% to $206 million, with margins improving by 120 basis points to 22.9%, primarily due to volume growth and favorable net price realization.
Tax Rate Reduction: 4. Improved Tax Rate: The adjusted tax rate decreased to 24% from 25.7% year-over-year, benefiting from a favorable jurisdictional mix of income and non-recurring discrete items from the prior year.
Cost Takeout Savings: 5. Cost Management Initiatives: The company is on track to achieve $140 million to $160 million in cost takeout savings, with $90 million already realized, indicating strong focus on operational efficiency.
Negative
Protective Segment Sales Decline: 1. Declining Protective Segment Sales: Third quarter net sales for the Protective segment were down 8% year-over-year, reflecting ongoing weakness in industrial portfolios and a 10% decline in fulfillment volumes.
Decline in Adjusted EBITDA: 2. Decreased Adjusted EBITDA: Adjusted EBITDA for the Protective segment fell to approximately $75 million, a 21% decrease year-over-year, with margins dropping 260 basis points to 16.9%.
Sales Decline Analysis: 3. Organic Sales Decline: Overall organic sales decreased by 2% in the third quarter, driven by lower pricing across both Food and Protective segments, indicating pricing pressures in the market.
Volume Declines in Protective: 4. Volume Challenges in Protective: The Protective segment experienced volume declines in the Americas and EMEA regions, with overall performance remaining largely unchanged from the prior quarter, highlighting persistent market challenges.
Negative Price Impact: 5. Negative Price Realization: The Protective segment faced unfavorable net price realization, contributing to the overall decline in sales and profitability, despite some productivity benefits from cost takeout initiatives.
SEE FAQs
How does SEE typically perform around its earnings report dates?
Is Sealed Air Corporation (SEE) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SEE Earning Call Sentiment
Sealed Air Corporation (SEE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SEE.N
-2.12%Positive
The earnings call summary presents a mixed picture: while the company raised its free cash flow and EPS guidance, indicating optimism, sales and EBITDA declines in the Protective segment and competitive pressures in Food suggest challenges. Q&A insights reveal uncertainty in volume recovery and unclear management responses, adding to investor apprehension. The positive guidance adjustments and free cash flow improvements are offset by competitive and volume challenges, leading to a neutral prediction for stock price movement.
