Greif Inc expected to post earnings of $1.14 a share - Earnings Preview

Greif

26/08/2024 21:04

* Greif Inc  GEF.N   GEF  is expected to show a rise in
quarterly
revenue when it reports  results on August 28 for the period
ending January 1 0001
    * The Delaware Ohio-based  company is expected to report a
7.7% increase in revenue to $1.433 billion from $1.33 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Greif Inc is for
earnings of
$1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Greif Inc
is
$77.00​, above​ its last closing price of $63.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.87        0.85       0.82      Missed  -3.5
 Jan. 31 2024  0.60        0.47       1.27      Beat    171.7
 Oct. 31 2023  1.32        1.30       1.56      Beat    19.8​
 Jan. 1 0001   1.54        1.54       1.75      Beat    13.8
 ​​Apr.        1.29        1.32       1.77      Beat    33.8
 30 2023                                                
 Jan. 1 0001   1.22        1.25       1.06      Missed  -15​
 Oct. 31 2022  1.94        1.94       1.83      Missed  -5.4
 Jul. 31 2022  2.00        2.00       2.35      Beat    17.4
 This summary was machine generated August 26 at 20:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)