Sealed Air Issues FY21 Outlook - Quick Facts

Sealed Air Corporation (SEE) announced, for fiscal 2021, the company forecasts adjusted EPS to be in the range of $3.25 to $3.40. Sealed Air expects net sales in the range of $5.1 billion to $5.2 billion, which represents an increase of 4.5% to 6.5% growth as
reported and 2.5% to 4.5% in constant dollars. Free cash flow in 2021 is expected to be $500 million to $550 million.

Fourth quarter adjusted EPS was $0.89 compared to $0.78, a year ago. Net sales were $1.3 billion, up 3% as reported.

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