Greif Inc expected to post earnings of 48 cents a share - Earnings Preview

Greif

26/02/2024 21:15

* Greif Inc  GEF.N   GEF  is expected to show a rise in
quarterly
revenue when it reports  results on February 28 for the period
ending January 31 2024
    * The Delaware Ohio-based  company is expected to report a
0.4% increase in revenue to $1.276 billion from $1.27 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
48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Greif Inc
is
$76.00​, above​ its last closing price of $63.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  1.32        1.30       1.56      Beat    19.8
 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.        1.94        1.94       1.83      Missed  -5.4
 31 2022                                                
 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
 This summary was machine generated February 26 at 21:15 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)