Greif(GEF)

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Wall Street Analysts Think Greif (GEF) Could Surge 30.39%: Read This Before Placing a Bet
ZACKS· 2024-08-06 14:55
Shares of Greif (GEF) have gained 2.5% over the past four weeks to close the last trading session at $58.90, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $76.80 indicates a potential upside of 30.4%. The mean estimate comprises five short-term price targets with a standard deviation of $7.79. While the lowest estimate of $69 indicates a 17.2% increase from the current price l ...
Greif Announces Sale of Delta Petroleum Company
GlobeNewswire News Room· 2024-08-01 20:30
DELAWARE, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transact ...
Greif Announces Sale of Delta Petroleum Company
Newsfilter· 2024-08-01 20:30
DELAWARE, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transact ...
Greif, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Dates
Newsfilter· 2024-07-31 12:00
Greif will provide conference call slides in combination with its third quarter earnings press release. The conference call will include management's prepared remarks and a question and answer session. About Greif Bill D'Onofrio 614-499-7233 bill.donofrio@greif.com DELAWARE, Ohio, July 31, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, announced today it will report the company's 2024 third quarter financial results after the market c ...
Greif to Host 2024 Investor Day
Newsfilter· 2024-07-24 15:00
In addition to formal presentations, the Company will provide an opportunity for question and answer sessions with the Executive Leadership Team. A live webcast of the event will be available on the Company's Investor Relations webpage. Presentation materials will be posted the morning of the event and a recording of the webcast will be made available following the event. Contact: Bill D'Onofrio (614) 499-7233 bill.donofrio@greif.com DELAWARE, Ohio, July 24, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, G ...
Greif (GEF) Stock Declines 7% in a Month: Factors to Note
ZACKS· 2024-06-28 17:20
Due to this performance, the company's shares have lost 7% in the past month compared with the industry's 1.5% decline. High Costs Offset Volume Improvements in Q2 Greif witnessed a slight improvement in volumes in the fiscal second quarter in both segments, with a 1.7% rise in Global Industrial Packaging and 2.2% in Paper Packaging Services. This led to a 4.7% rise in total revenues for the April-ended quarter. Notably, Greif had been witnessing a decline in adjusted earnings since the fourth quarter of fi ...
Greif Announces Price Increase for Tube and Core and Protective Packaging Products
Newsfilter· 2024-06-11 20:30
DELAWARE, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a world leader in industrial packaging products and services, announced today it is implementing a minimum 6.0 percent increase on all tube and core and protective packaging products. The tube and core and protective packaging increase is effective with shipments on and after July 15, 2024. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material c ...
Greif(GEF) - 2024 Q2 - Quarterly Results
2024-06-07 15:04
Exhibit 99.1 Greif Reports Fiscal Second Quarter 2024 Results DELAWARE, Ohio (June 5, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results. Fiscal Second Quarter 2024 Financial Highlights: (all results compared to the second quarter of 2023 unless otherwise noted) Strategic Actions and Announcements CEO Commentary "We are excited to present another quarter of solid progress on our Build to Last Strategy, inc ...
Greif(GEF) - 2024 Q2 - Quarterly Report
2024-06-06 16:03
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 April 30, 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) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) De ...
Greif(GEF) - 2024 Q2 - Earnings Call Transcript
2024-06-06 15:46
Greif Inc. (NYSE:GEF) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Ole Rosgaard - President, Chief Executive Officer Larry Hilsheimer - Executive Vice President, Chief Financial Officer Bill D’Onofrio - Vice President, Investor Relations and Corporate Development Conference Call Participants Matt Krueger - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Brian Butler - Stifel Gabe Hadje - Wells Fargo Operator Good day and thank you for standing by. Wel ...