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

Greif

31/08/2022 22:36

* Greif Inc  GEF.N  reported quarterly adjusted earnings of
$2.35​​ per share for the quarter ended in July. The mean
expectation of five analysts for the quarter was for earnings of
$2.00 per share.
    * Revenue rose 8.8% to $1.62 billion from a year ago;
analysts
expected $1.60 billion. 
    * Greif Inc's reported EPS for the quarter was $2.36​.
    * The mean earnings estimate of analysts had risen by
about 8.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Greif Inc shares had risen by 9.8% this quarter and
gained 13.4%
so far this year.
    * The company reported quarterly net income of $141.8
million.
    * Wall Street's median 12-month price target for Greif Inc
is
$70.00 
    * 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." 

This summary was machine generated from Refinitiv data August 31
at 09:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      2.00           2.35           Beat
 Apr. 30 2022      1.71           2.41           Beat
 Jan. 31 2022      1.19           1.28           Beat
 Oct. 31 2021      1.49           1.93           Beat