NYSE$SEE

Sealed Air Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Sealed Air reported stable Q4 2024 revenue with a decline in profitability.

Sealed Air's Q4 2024 revenue remained flat at $1.37 billion. The Food segment grew 3%, while the Protective segment declined by 7%. The company reported a net loss of $7.3 million, primarily due to restructuring costs and a deferred tax asset write-off. Adjusted EPS declined to $0.75, and free cash flow slightly decreased year-over-year.

  • Revenue was stable at $1.37 billion, with Food segment growth offset by Protective segment weakness.
  • Net loss of $7.3 million due to restructuring and tax-related charges.
  • Adjusted EPS decreased 14.8% to $0.75.
  • Free cash flow declined 2.8% to $454 million.

Headline financials

Total Revenue

$1.37B

Previous: $1.38B-0.3%
EPS (adj)

$0.75

Previous: $0.88-14.8%
Adjusted EBITDA

$271M

Previous: $274M-1.2%
Adjusted EBITDA Margin

19.7%

No prior period
Adjusted Net Earnings

$110M

No prior period
Capital Expenditures

-$59.1M

Previous: -$59.2M+0.2%
Net Income

-$400K

Previous: $125M-100.3%
Operating Income

$159M

Previous: $211M-24.7%
Gross Profit

$407M

Previous: $405M+0.5%

Revenue & EPS history

Sealed Air · Revenue · Quarterly

$1.37B

Q4 2024-0.3%vs Q4 2023
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Sealed Air · $1.38B total across 2 segments · Q3 2023

  • Food
    $893M+7.6%
  • Protective
    $488M-14.5%

Forward guidance

Sealed Air expects revenue between $5.1B-$5.5B in 2025, with Adjusted EPS in the range of $2.90 to $3.30. The company anticipates continued cost savings and growth in its Food segment, while the Protective segment is expected to stabilize.

Tailwinds

  • Projected revenue growth up to 4% in 2025.
  • Expected Adjusted EBITDA between $1.075B-$1.175B.
  • Targeting $350M-$450M in free cash flow.
  • Continued cost-saving initiatives to improve margins.
  • Food segment expected to expand into higher-growth markets.

Headwinds

  • Protective segment remains under pressure due to weak industrial demand.
  • Macroeconomic uncertainty could impact revenue.
  • Higher restructuring costs may continue in 2025.
  • Foreign currency fluctuations pose a risk.
  • Inflationary pressures on raw materials could affect profitability.

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 Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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