Veteran industrial company Greif (GEF 15.63%) was a standout on the stock exchange Thursday. Investors, captivated by a very convincing earnings beat in the company's freshly reported second quarter of fiscal 2025, pushed the industrial packing specialist's share price up by nearly 16%. In doing so, Greif not only crushed the S&P 500 index's performance on the day (it landed in the red by 0.5%), but also that of many blue chip stocks.A steady operatorGreif published those quarterly results just after market ...

Financial Performance - Net income for the three months ended April 30, 2025, was $54.5 million, compared to $52.0 million for the same period in 2024, representing a 4.8% increase[9]. - Comprehensive income attributable to Greif, Inc. for the three months ended April 30, 2025, was $123.2 million, up from $44.1 million in 2024, indicating a significant increase of 179.5%[9]. - Net cash provided by operating activities for the six months ended April 30, 2025, was $105.6 million, compared to $92.0 million for the same period in 2024, an increase of 14.9%[13]. - The net income for the three months ended April 30, 2025, was $47.3 million, compared to $55.9 million for the six months ended April 30, 2025, indicating a decrease of about 15.4%[14]. - Comprehensive income for the three months ended April 30, 2025, was $123.2 million, while for the six months ended April 30, 2025, it was $102.3 million, showing a significant increase in comprehensive income[14]. - The total operating profit for the six months ended April 30, 2025, was $178.5 million, compared to $167.0 million for the same period in 2024, representing a growth of 6.5%[100][102]. Assets and Equity - Total assets as of April 30, 2025, were $6,754.4 million, compared to $6,647.6 million as of October 31, 2024, reflecting a growth of 1.6%[11]. - The total shareholders' equity increased to $2,175.0 million as of April 30, 2025, from $2,117.5 million as of October 31, 2024, representing a growth of 2.7%[12]. - As of April 30, 2025, Greif, Inc. reported a total equity of $2,175.0 million, an increase from $2,117.5 million as of October 31, 2024, reflecting a growth of approximately 2.7%[14]. - The company reported a total of $2,476.4 million in retained earnings as of April 30, 2025, reflecting a stable earnings retention strategy[14]. Debt and Financing - Long-term debt decreased to $2,290.9 million as of April 30, 2025, down from $2,626.2 million as of October 31, 2024, a reduction of 12.7%[12]. - As of April 30, 2025, the outstanding balance under the 2022 and 2023 Credit Agreements was $2,392.3 million, with a current portion of $95.8 million and a long-term portion of $2,296.5 million[55]. - The weighted average interest rate for borrowings under the 2022 and 2023 Credit Agreements was 5.88% for the six months ended April 30, 2025, while the actual interest rate was 6.06%[55]. - The Company entered into a $300.0 million Incremental Term Loan A-4 Agreement on March 25, 2024, with quarterly principal installments starting April 30, 2024, and maturing on March 1, 2027[51]. Foreign Currency and Comprehensive Income - The company reported a foreign currency translation gain of $118.0 million for the three months ended April 30, 2025, compared to a loss of $29.2 million in 2024[9]. - The foreign currency translation contributed $117.3 million to other comprehensive income for the three months ended April 30, 2025[14]. - The accumulated other comprehensive income (loss) showed a loss of $308.7 million as of April 30, 2025, compared to a loss of $355.1 million as of October 31, 2024, indicating an improvement[14]. Dividends and Stock - Dividends paid to Greif, Inc. shareholders amounted to $31.4 million, with a dividend per Class A share of $0.54 and Class B share of $0.81[14]. - The total common stock increased from 47,437 thousand shares to 47,461 thousand shares, reflecting a slight increase in shares outstanding[14]. - The treasury stock decreased from $279.0 million to $276.8 million, indicating a reduction in the company's repurchased shares[14]. Acquisitions and Restructuring - The Company acquired Ipackchem Group SAS for a total purchase price of $582.1 million, incurring transaction costs of $8.9 million[29]. - As of April 30, 2025, the fair value of identifiable net assets acquired from Ipackchem was $301.1 million, with goodwill recognized at $281.0 million[32]. - The Company recorded restructuring charges of $11.2 million for the three months ended April 30, 2025, compared to $(6.8) million for the same period in 2024[43]. - The restructuring activities in 2025 focus on optimizing operations to align with long-term profitable earnings growth[42]. Operational Efficiency and Future Growth - The company plans to continue its market expansion and product development strategies to enhance future growth prospects[9]. - Greif, Inc. is transitioning to a material solution-based structure to enhance operational efficiency and capitalize on growth opportunities, which may impact future financial reporting[21]. - The company is in the process of determining the potential impact of recently issued accounting standards on its financial position and results of operations[24][27].

Key Takeaways GEF's Q2 EPS rose y/y to $1.19, topping estimates, as revenue grew 1.1% to $1.39B but missed expectations. The gross margin expanded to 23.1% and adjusted EBITDA climbed 26% Y/Y, aided by strong segment performance. Greif raised its fiscal 2025 adjusted EBITDA low-end forecast to $725M from $710M.Greif, Inc. (GEF) reported adjusted earnings per share of $1.19 for second-quarter fiscal 2025, beating the Zacks Consensus Estimate of $1.08. The bottom line improved 43.4% year over year.Including ...

Greif (GEF) Q2 2025 Earnings Call June 05, 2025 08:30 AM ET Company Participants Bill D’Onofrio - Vice President of Investor Relations & Corporate DevelopmentOle Rosgaard - President and Chief Executive OfficerLarry Hilsheimer - EVP & CFOMichael Roxland - MD - Equity ResearchGeorge Staphos - Managing Director Conference Call Participants Josh Vesely - Equity Research AnalystMatthew Roberts - Equity Research AnalystGabe Hajde - Analyst Operator Good day, and thank you for standing by. Welcome to the Greif's ...

Greif (GEF) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.19%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.72 per share when it actually produced earnings of $0.39, delivering a surprise of -45.83%.Over the last four quarters, t ...

Second Quarter 2025 Earnings Conference Call June 5, 2025 1 Safe Harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. The words "may," "will," "expect," "intend," "estimate," "anticipate," "aspiration," "objective," "project," "believe," "continue," "on track" or "target" or the negative thereof and similar expressions, among others, identify forward-looking statements. All forward looking ...

DELAWARE, Ohio, June 04, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2025 results. Fiscal Second Quarter 2025 Financial Highlights: (all results compared to the second quarter of 2024 unless otherwise noted) Net income increased 6.5% to $47.3 million or $0.82 per diluted Class A share compared to net income of $44.4 million or $0.77 per diluted Class A share. Net income, excluding the impact of ...

Key Takeaways GEF's Q2 earnings are projected at $1.08 per share, up 31.7% year over year on higher sales and margins. Volume, pricing and acquisitions are expected to have offset currency headwinds and drive 4% revenue growth. Adjusted EBITDA is forecast to rise 10.8% to $188M, aided by efficiency gains and SGGreif, Inc. (GEF) is scheduled to release second-quarter fiscal 2025 financial numbers after the closing bell on June 4.The Zacks Consensus Estimate for Greif’s total revenues for the quarter is peg ...

Greif Named Among 100 Global Companies Recognized for Colleague Sentiment and SatisfactionDELAWARE, Ohio, May 29, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the company has been certified as a Most Loved Workplace® backed by the research and analysis of Best Practice Institute (BPI). The Most Loved Workplace® certification is based on extensive research and analysis by BPI, evaluating factors such as employee satisf ...

The market expects Greif (GEF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June ...