Greif Inc expected to post earnings of 85 cents a share - Earnings Preview

Greif

03/06/2024 21:02

* Greif Inc  GEF.N   GEF  is expected to show a fall in
quarterly
revenue when it reports  results on June 5 for the period ending
January 1 0001
    * The Delaware Ohio-based  company is expected to report a
0.7% decrease in revenue to $1.3 billion from $1.31 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Greif Inc is for
earnings of
85 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$75.00​, above​ its last closing price of $64.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.60        0.47       1.27      Beat    171.7
 Oct. 31 2024  1.32        1.30       1.56      Beat    19.8
 Jul. 31 2023  1.54        1.54       1.75      Beat    13.8​
 Jan. 1 0001   1.29        1.32       1.77      Beat    33.8
 ​​Jan.        1.22        1.25       1.06      Missed  -15
 31 2023                                                
 Oct. 31 2022  1.94        1.94       1.83      Missed  -5.4​
 Jul. 31 2022  2.00        2.00       2.35      Beat    17.4
 Jan. 1 0001   1.73        1.71       2.41      Beat    40.8
 This summary was machine generated June 3 at 20:02 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)