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BRIEF-Sealed Air reports Q1 loss per share of $0.27 from continuing operations
May 9, 2017 / 11:08 AM / 4 months ago

BRIEF-Sealed Air reports Q1 loss per share of $0.27 from continuing operations

May 9 (Reuters) - Sealed Air Corp

* Sealed Air reports first quarter 2017 results

* Q1 adjusted earnings per share $0.43 from continuing operations

* Q1 loss per share $0.27 from continuing operations

* Q1 sales $1.0 billion

* Says adjusted EPS from continuing operations is expected to be approximately $1.70 for full year 2017

* Q1 revenue view $1.58 billion -- Thomson Reuters I/B/E/S

* Q1 earnings per share view $0.47 -- Thomson Reuters I/B/E/S

* Sees FY 2017 adjusted earnings per share about $1.70 from continuing operations

* Sees FY 2017 sales $4.3 billion

* Anticipates 2017 free cash flow to be approximately $390 million

* Anticipates 2017 capital expenditures of approximately $175 million and cash restructuring payments of approximately $50 million

* FY2017 earnings per share view $2.71 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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