Investing.com - Sealed Air (NYSE:SEE) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sealed Air announced earnings per share of $1.12 on revenue of $1.42B. Analysts polled by Investing.com anticipated EPS of $0.9298 on revenue of $1.39B.
Sealed Air shares are down 10.67% from the beginning of the year and are trading at $64.35 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Sealed Air follows other major Materials sector earnings this month
Sealed Air's report follows an earnings beat by Vale ADR on Wednesday, April 27, 2022, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.838 on revenue of $11.66B.
Sherwin-Williams had beat expectations on Tuesday, April 26, 2022 with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
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