Greif Inc expected to post earnings of $1.21 a share - Earnings Preview

Greif

27/02/2023 21:13

* Greif Inc  GEF.N   GEF  is expected to show a fall in
quarterly
revenue when it reports  results on March 1. 
    * The Delaware Ohio-based  company is expected to report  a
14.4% decrease in revenue to $1.339 billion from $1.56 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Greif Inc is for
earnings
of $1.21 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Greif Inc
is
$69.5​, below​ its last closing price of $70.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Oct. 31 2022  1.94        1.94       1.83      Missed  -5.4
 Jul. 31 2022  2.00        2.00       2.35      Beat    17.4
 Apr. 30 2022  1.73        1.71       2.41      Beat    40.8​
 Jan. 31 2022  1.21        1.19       1.28      Beat    7.4
 ​​Oct.        1.49        1.49       1.93      Beat    29.9
 31 2021                                                
 Jul. 31 2021  1.54        1.54       1.93      Beat    25.7​
 Apr. 30 2021  1.11        1.06       1.13      Beat    6.2
 Jan. 31 2021  0.53        0.53       0.61      Beat    14.7
 This summary was machine generated February 27 at 21:13 GMT. 
All figures in US dollars  unless otherwise stated