Greif, Inc (NYSE:GEF ) Q1 2025 Results Conference Call February 27, 2025 8:30 AM ET Company Participants Bill D'Onofrio - VP, IR and Corporate Development Ole Rosgaard - Chief Executive Officer Larry Hilsheimer - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Matt Roberts - Raymond James Aadit Shrestha - Stifel Niko Pacini - Truist Richard Carlson - Wells Fargo Daniel Harriman - Sidoti & Company Operator Good day, and thank you for standing by. Welcome to the Greif First Quarter 2025 Earnings Call.
GEF's Q1 results reflect the impacts of higher raw material costs as well as selling, general and administrative expenses offset by improved revenues.
Although the revenue and EPS for Greif (GEF) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Greif (GEF) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.27 per share a year ago.
Greif, Inc. remains a “buy” despite declining profits and cash flows, driven by strong revenue growth and strategic acquisitions in its Global Industrial Packaging segment. The company's Paper Packaging & Services segment also showed solid revenue growth, supported by higher containerboard prices and product mix changes. Management's long-term focus and ambitious growth plans, including a projected $1 billion EBITDA by 2027, make Greif a compelling investment opportunity.
Greif, Inc. (NYSE:GEF ) Q4 2024 Earnings Conference Call December 5, 2024 8:30 AM ET Company Participants Bill D'Onofrio - VP, IR and Corporate Development Ole Rosgaard - CEO Larry Hilsheimer - CFO Matt Eichmann - Chief Marketing Officer Conference Call Participants Daniel Harriman - Sidoti & Company Ghansham Panjabi - Baird Matt Roberts - Raymond James Gabe Hajde - Wells Fargo Brian Butler - Stifel Operator Good day, and thank you for standing by. Welcome to the Greif Fourth Quarter 2024 Earnings Call.
Corrected fourth quarter 2024 net income, excluding adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13 Corrected fourth quarter 2024 net income, excluding adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13
DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Correction: Fourth quarter 2024 net income, excluding the impact of adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13. In the earnings release issued earlier today, the fourth quarter 2024 net income, excluding the impact of adjustments, incorrectly presented a $16.0 million income tax expense related to “(gain) loss on disposal of businesses, net”. This resulted in stating net income, excluding the impact of adjustments, for the period of $49.6 million and diluted Class A earnings per share, excluding adjustments, for the period of $0.85. The corrected net income, excluding the impact of adjustments, for the period is $65.5 million, and the corrected diluted Class A earnings per share, excluding adjustments, for the period is $1.13.
The headline numbers for Greif (GEF) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Greif (GEF) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.56 per share a year ago.