Greif Inc expected to post earnings of $1.54 a share - Earnings Preview

Greif

28/08/2023 21:09

* Greif Inc  GEF.N   GEF  is expected to show a fall in
quarterly
revenue when it reports  results on August 30. 
    * The Delaware Ohio-based  company is expected to report  a
14.5% decrease in revenue to $1.386 billion from $1.62 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 $1.54 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 had risen by
about 2.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Greif Inc
is
$75.5​, above​ its last closing price of $72.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.00        2.00       2.35      Beat    17.4
 ​​Apr.        1.73        1.71       2.41      Beat    40.8
 30 2022                                                
 Jan. 31 2022  1.21        1.19       1.28      Beat    7.4​
 Oct. 31 2021  1.49        1.49       1.93      Beat    29.9
 Jul. 31 2021  1.54        1.54       1.93      Beat    25.7
 This summary was machine generated August 28 at 20:08 GMT.  All
figures in US dollars  unless otherwise stated