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

Greif

01/03/2023 23:16

* Greif Inc  GEF.N  reported quarterly adjusted earnings of
$1.06​​ per share for the quarter ended in January. The mean
expectation of four analysts for the quarter was for earnings of
$1.21 per share.
    * Revenue fell 18.7% to $1.27 billion from a year ago;
analysts
expected $1.34 billion. 
    * Greif Inc's reported EPS for the quarter was $1.54​.
    * The mean earnings estimate of analysts had fallen by
about 18.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Greif Inc shares had risen by 5.9% this quarter.
    * The company reported quarterly net income of $89.9
million.
    * Wall Street's median 12-month price target for Greif Inc
is
$69.50 
    * 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 Refinitiv data March 1
at 11:16 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      1.21           1.06           Missed
 Oct. 31 2022      1.94           1.83           Missed
 Jul. 31 2022      2.00           2.35           Beat
 Apr. 30 2022      1.71           2.41           Beat