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

Greif

30/08/2023 22:37

* Greif Inc  GEF.N  reported quarterly adjusted earnings of
$1.75​​ per share for the quarter ended in July. The mean
expectation of four analysts for the quarter was for earnings of
$1.54 per share.
    * Revenue fell 18% to $1.33 billion from a year ago;
analysts
expected $1.39 billion. 
    * Greif Inc's reported EPS for the quarter was $1.55​.
    * The mean earnings estimate of analysts had risen by
about 4.3%
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 7.1% this quarter and
gained 10.0%
so far this year.
    * The company reported quarterly net income of $90.3
million.
    * Wall Street's median 12-month price target for Greif Inc
is
$75.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 30 at 09:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      1.54           1.75           Beat
 Apr. 30 2023      1.32           1.77           Beat
 Jan. 31 2023      1.25           1.06           Missed
 Oct. 31 2022      1.94           1.83           Missed