Greif Inc reports results for the quarter ended in April - Earnings Summary

Greif

07/06/2023 22:37

* Greif Inc  GEF.N  reported quarterly adjusted earnings of
$1.77​​ per share for the quarter ended in April. The mean
expectation of four analysts for the quarter was for earnings of
$1.32 per share.
    * Revenue fell 21.5% to $1.31 billion from a year ago;
analysts
expected $1.42 billion. 
    * Greif Inc's reported EPS for the quarter was $1.90​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Greif Inc shares had fallen by 1.7% this quarter and
lost 7.1%
so far this year.
    * The company reported quarterly net income of $111.2
million.
    * Wall Street's median 12-month price target for Greif Inc
is
$68.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data June
7 at 09:36 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      1.32           1.77           Beat
 Jan. 31 2023      1.25           1.06           Missed
 Oct. 31 2022      1.94           1.83           Missed
 Jul. 31 2022      2.00           2.35           Beat