Greif Inc expected to post earnings of $1.32 a share - Earnings Preview

Greif

05/06/2023 21:03

* Greif Inc  GEF.N   GEF  is expected to show a fall in
quarterly
revenue when it reports  results on June 7. 
    * The Delaware Ohio-based  company is expected to report  a
14.7% decrease in revenue to $1.422 billion from $1.67 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 $1.32 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Greif Inc
is
$68.5​, above​ its last closing price of $61.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  1.22        1.25       1.06      Missed  -15
 Oct. 31 2023  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.        1.21        1.19       1.28      Beat    7.4
 31 2022                                                
 Oct. 31 2021  1.49        1.49       1.93      Beat    29.9​
 Jul. 31 2021  1.54        1.54       1.93      Beat    25.7
 Apr. 30 2021  1.11        1.06       1.13      Beat    6.2
 This summary was machine generated June 5 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated