SEE Sees FY22 Adj. EPS $4.05-$4.20 vs $4.10 Est., Sales $5.85B-$6.05B vs $5.9B Est.

r the full year 2022, SEE now expects net sales in the range of $5.85 billion to $6.05 billion, which includes an unfavorable currency impact of approximately 2% and an unfavorable divestiture impact of approximately 1%.

r the full year 2022, SEE now expects net sales in the range of $5.85 billion to $6.05 billion, which includes an unfavorable currency impact of approximately 2% and an unfavorable divestiture impact of approximately 1%. This compares to the Company’s previous net sales outlook in the range of $5.8 billion to $6.0 billion.

Full year Adjusted EBITDA is now expected to be in the range of $1.22 billion to $1.25 billion, compared to the previous outlook of $1.20 billion to $1.24 billion. The Company continues to expect unfavorable currency impact of approximately 2%.

The Company forecasts full year Adjusted EPS to now be in the range of $4.05 to $4.20, which is based on approximately 149 million shares outstanding. The company continues to anticipate the Adjusted Tax Rate of approximately 26%. The previous EPS range was $3.95 to $4.15, which was based on approximately 150 million shares outstanding.

The Company continues to expect full year Free Cash Flow in 2022 to be in the range of $510 million to $550 million.

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