Greif (GEF) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.30%. A quarter ago, it was expected that this industrial packaging company would post earnings of $1.17 per share when it actually produced earnings of $1.03, delivering a surprise of -11.97%.Over the last four quarters, ...

Analysts on Wall Street project that Greif (GEF) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing a decline of 30.8% year over year. Revenues are projected to reach $1.42 billion, increasing 8.2% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earn ...

I don't know about you, but I have always been interested in the packaging industry. One of the firms in this space that I have liked for some time is Greif, Inc. (NYSE: Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the se ...

DELAWARE, Ohio, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that it has been recognized as a Top 100 Most Loved Workplace for the fourth consecutive year by Newsweek. "We are honored to be recognized as one of Newsweek's Top 100 Most Loved Workplaces for the fourth consecutive year," said Ole Rosgaard, Greif President and Chief Executive Officer. "This recognition is a testament to our employees' dedication ...

Core Viewpoint - Greif, Inc. has opened a new facility in Pasir Gudang, Johor, aimed at expanding its business and enhancing its packaging solutions while maintaining quality and sustainability standards [1][2]. Group 1: New Facility and Capabilities - The new factory in Pasir Gudang will produce Intermediate Bulk Containers for various industries, including food, chemicals, and lubricants, utilizing advanced manufacturing technologies [2]. - The facility is expected to contribute to regional growth by creating job opportunities, supported by Johor's robust infrastructure [3]. Group 2: Recent Investments - In March 2024, Greif acquired IPACKCHEM, a leader in premium barrier and non-barrier jerry cans, which is anticipated to positively impact Greif's EBITDA margin and free cash flow [4]. - In October 2023, the company acquired Reliance Products, enhancing its portfolio with high-performance barrier technologies [5]. Group 3: Financial Performance - For Q3 fiscal 2024, Greif reported adjusted EPS of $1.03, missing the consensus estimate of $1.17, with a year-over-year decline of 41.1% [6]. - Sales increased by 9.3% year-over-year to $1.45 billion, surpassing the consensus estimate of $1.42 billion, driven by higher volumes and recent acquisitions [6]. Group 4: Future Estimates - The Zacks Consensus Estimate for Q4 fiscal 2024 earnings is $1.07 per share, indicating a decline from the prior year's EPS of $1.56, with revenue expectations of $1.42 billion, reflecting an 8.4% growth year-over-year [7]. Group 5: Share Price Performance - Greif's shares have decreased by 11.5% over the past year, contrasting with the industry's growth of 23.1% [8].

Exhibit 99.1 Greif Reports Fiscal Third Quarter 2024 Results Strategic Actions and Announcements CEO Commentary Build to Last Mission Progress DELAWARE, Ohio (August 28, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal third quarter 2024 results. Fiscal Third Quarter 2024 Financial Highlights: (all results compared to the third quarter of 2023 unless otherwise noted) • Net income decreased 3.5% to $87.1 million or $1.50 per diluted ...

Have you looked into how Greif (GEF) performed internationally during the quarter ending July 2024? Considering the widespread global presence of this industrial packaging company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must underst ...

Greif, Inc. GEF reported worse-than-expected earnings for its third quarter, after the closing bell on Wednesday. Greif reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.14 per share. The company reported quarterly sales of $1.454 billion which beat the analyst consensus estimate of $1.433 billion, according to data from Benzinga Pro. "We are proud to present another solid quarter of performance for Greif," stated Ole Rosgaard, President and CEO, "While global ...

Greif, Inc. (NYSE:GEF) Q3 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Bill D’Onofrio - Vice President, Investor Relations and Corporate Development Ole Rosgaard - Chief Executive Officer Larry Hilsheimer - Chief Financial Officer Matt Eichmann - Chief Marketing Officer Conference Call Participants Matt Roberts - Raymond James Ghansham Panjabi - Baird Mike Roxland - Truist Securities Gabe Hajde - Wells Fargo Brian Butler - Stifel George Staphos - Bank of America Securities O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-00566 GREIF, INC. (Exact name of registrant as specified in its charter) Delaware 31-4388903 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer I ...