NYSE$SEE
Sealed Air Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Sealed Air's Q1 2020 results reflected agility in responding to unprecedented circumstances and continued execution of strategy.
Sealed Air reported a strong first quarter with net sales increasing 6% to $1.2 billion and Adjusted EBITDA increasing 17% to $253 million, compared to the first quarter of 2019. However, due to the uncertainty in the markets, the company is suspending its full year 2020 guidance.
- Net sales increased 6% to $1.2 billion.
- Net earnings of $115 million, up 78%, or $0.74 per share, up 80%.
- Adjusted EBITDA increased 17% to $253 million.
- Adjusted EPS increased 24% to $0.73 per share.
Headline financials
Revenue & EPS history
Sealed Air · Revenue · Quarterly
$1.17B
Revenue by segment
Sealed Air · $1.17B total across 2 segments · Q1 2020
- Food$690M+1.5%58.8%
- Protective$484M+11.9%41.2%
Forward guidance
Given the uncertainty in the markets we serve, we are suspending our full year 2020 guidance. Our focus is on zero harm, business continuity and leveraging our Reinvent SEE transformation to ensure we emerge from this crisis as a better and stronger company. We are prioritizing investments to maximize cash flow and maintain a healthy balance sheet. Our capabilities and business model coupled with our strong liquidity will enable us to effectively manage through the changing environment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2020
+0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.4%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+13.7%
Q3 2023
Best reaction
-12.5%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.1% | +0.3% | +0.5% | |
| Q3 2025 | +5.2% | +7.9% | +24.2% | |
| Q2 2025 | +3.4% | +1.2% | +11.5% | |
| Q1 2025 | +5.7% | +11.0% | +15.5% | |
| Q4 2024 | +5.8% | +6.4% | -8.0% | |
| Q3 2024 | -4.6% | -4.1% | -1.7% | |
| Q2 2024 | -3.7% | -4.9% | -1.7% | |
| Q1 2024 | +9.6% | +13.2% | +21.1% | |
| Q4 2023 | -5.5% | -3.7% | +3.1% | |
| Q3 2023 | +13.7% | +9.3% | +11.9% | |
| Q2 2023 | -10.3% | -13.4% | -23.8% | |
| Q1 2023 | -12.1% | -11.1% | -20.8% | |
| Q4 2022 | -7.9% | -5.1% | -15.5% | |
| Q3 2022 | -10.9% | -8.7% | +10.9% | |
| Q2 2022 | -8.3% | -9.8% | -13.0% | |
| Q1 2022 | +6.4% | +1.9% | -1.1% | |
| Q4 2021 | +8.1% | +8.1% | +6.6% | |
| Q3 2021 | +5.0% | +6.7% | +7.1% | |
| Q2 2021 | +3.0% | +4.3% | +9.6% | |
| Q1 2021 | +13.5% | +13.8% | +15.3% | |
| Q4 2020 | -2.5% | -3.1% | -0.5% | |
| Q3 2020 | -1.1% | -0.3% | +9.7% | |
| Q2 2020 | +11.3% | +11.6% | +8.6% | |
| Q1 2020 | +1.0% | +8.9% | +24.4% | |
| Q4 2019 | -3.4% | -6.4% | -33.8% | |
| Q3 2019 | -7.1% | -5.6% | -7.4% | |
| Q2 2019 | +6.5% | +9.6% | -3.2% | |
| Q1 2019 | -4.5% | -4.8% | -10.1% | |
| Q4 2018 | +5.7% | +4.3% | +10.6% | |
| Q3 2018 | +2.8% | +5.3% | +12.9% | |
| Q2 2018 | -0.5% | -6.0% | -8.0% | |
| Q1 2018 | +1.7% | +0.9% | +0.6% | |
| Q4 2017 | -6.1% | -6.0% | +0.7% | |
| Q3 2017 | +2.7% | +3.1% | +9.6% | |
| Q2 2017 | +2.3% | +0.7% | -0.3% | |
| Q1 2017 | -6.5% | -8.4% | -4.5% | |
| Q4 2016 | -4.8% | -6.2% | -10.0% | |
| Q3 2016 | +4.4% | +4.8% | +9.1% | |
| Q2 2016 | -3.9% | -6.4% | -4.6% | |
| Q1 2016 | -10.1% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q3 2015 | -4.2% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | +6.4% | — | — | |
| Q4 2014 | +10.5% | — | — | |
| Q3 2014 | +4.0% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | +3.0% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | +5.8% | — | — | |
| Q2 2013 | +8.2% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2012 | +5.9% | — | — | |
| Q3 2012 | +1.0% | — | — | |
| Q2 2012 | -12.5% | — | — | |
| Q1 2012 | -6.6% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q3 2011 | -3.5% | — | — | |
| Q2 2011 | -9.0% | — | — | |
| Q1 2010 | +1.4% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q4 2008 | +1.1% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q3 2009 | -1.4% | — | — | |
| Q2 2009 | -3.5% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q4 2009 | -3.5% | — | — |
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