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Sealed Air Corp. Q3 adjusted earnings Beat Estimates

Sealed Air Corp. (SEE) released earnings for its third quarter that climbed from last year.

The company's bottom line came in at $79.5 million, or $0.51 per share. This compares with $75.6 million, or $0.48 per share, in last year's third quarter.

Excluding items, Sealed Air Corp. reported adjusted earnings of $99.7 million or $0.64 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $1.22 billion from $1.19 billion last year.

Sealed Air Corp. earnings at a glance:

-Earnings (Q3): $99.7 Mln. vs. $96.1 Mln. last year.
-EPS (Q3): $0.64 vs. $0.61 last year.
-Analysts Estimate: $0.62
-Revenue (Q3): $1.22 Bln vs. $1.19 Bln last year.

Full year EPS guidance: $2.70 - $2.80
Full year revenue guidance: $4.8 Bln

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