Greif Inc expected to post earnings of $1.29 a share - Earnings Preview

Greif

04/12/2023 21:02

* Greif Inc  GEF.N   GEF  is expected to show a fall in
quarterly
revenue when it reports  results on December 6 for the period
ending July 31 2023
    * The Delaware Ohio-based  company is expected to report a
10.6% decrease in revenue to $1.337 billion from $1.5 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Greif Inc is for
earnings of
$1.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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
$74.50​, above​ its last closing price of $70.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  1.54        1.54       1.75      Beat    13.8
 Apr. 30 2023  1.29        1.32       1.77      Beat    33.8
 Jan. 31 2023  1.22        1.25       1.06      Missed  -15​
 Oct. 31 2022  1.94        1.94       1.83      Missed  -5.4
 ​​Jul.        2.00        2.00       2.35      Beat    17.4
 31 2022                                                
 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. 31 2021  1.49        1.49       1.93      Beat    29.9
 This summary was machine generated December 4 at 21:02 GMT.  All
figures in US dollars unless otherwise stated