Greif Inc expected to post earnings of $2.00 a share - Earnings Preview

Greif

29/08/2022 21:03

* Greif Inc  GEF.N   GEF  is expected to show a rise in
quarterly
revenue when it reports  results on August 31. 
    * The Delaware Ohio-based  company is expected to report  a
7.0% increase in revenue to $1.596 billion from $1.49 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Greif Inc is for
earnings
of $2.00 per share. For the same quarter last year, the company
reported earnings of $1.93 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 2 "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
$70​, above​ its last closing price of $68.62. ​​​
    * 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 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​
 Jul. 31 2021  1.54        1.54       1.93      Beat    25.7
 ​​Apr.        1.11        1.06       1.13      Beat    6.2
 30 2021                                                
 Jan. 31 2021  0.53        0.53       0.61      Beat    14.7​
 Oct. 31 2020  0.77        0.73       0.78      Beat    7.5
 Jul. 31 2020  0.86        0.85       0.85      Met     -0.4
 This summary was machine generated August 29 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated