Profile
Sector:
Consumer CyclicalIndustry:
Packaging & ContainersCountry:
United StatesIPO:
28 February 1996Website:
http://www.greif.comNext earnings report:
04 December 2024Last dividends:
16 September 2024Next dividends:
N/APrice
after hours | Fri, 22 Nov 2024 21:07:01 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
GEF Latest News
Greif, Inc.'s recent financial performance has been mixed, with rising revenue but declining profits and cash flows, yet shares remain attractively priced. Despite weak results and a 2.1% stock decline, I maintain a “buy” rating due to Greif's growth potential and significant capital investments. Recent acquisitions, including Ipackchem and Lee Container, highlight Greif's growth strategy, though they complicate year-over-year comparisons.
Evaluate Greif's (GEF) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Greif, Inc. (NYSE:GEF ) Q3 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Bill D'Onofrio - Vice President, Investor Relations and Corporate Development Ole Rosgaard - Chief Executive Officer Larry Hilsheimer - Chief Financial Officer Matt Eichmann - Chief Marketing Officer Conference Call Participants Matt Roberts - Raymond James Ghansham Panjabi - Baird Mike Roxland - Truist Securities Gabe Hajde - Wells Fargo Brian Butler - Stifel George Staphos - Bank of America Securities Operator Good day. Thank you for standing by.
GEF Q3 top-line reflects gains from higher volumes, increased average selling prices and gains from recent acquisitions.
While the top- and bottom-line numbers for Greif (GEF) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Greif (GEF) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.75 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Greif (GEF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
DELAWARE, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has sold Delta Petroleum Company, Inc. (“Delta”), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transaction that brings value to both parties," said Ole Rosgaard, President and Chief Executive Officer of Greif.
What type of business is Greif?
Greif, Inc. is one of the world's leading manufacturers of industrial packaging with offices in more than 40 countries. The company was founded in 1877, and its headquarters is located in Delaware, Ohio. Rigid industrial packaging - production and sale of rigid industrial packaging products. Paper packaging - production and sale of corrugated cardboard, corrugated sheets, corrugated containers, and other corrugated and specialty products. Flexible products - production and sale of flexible intermediate bulk containers for bulk goods and related services. Land management - includes management of special purpose facilities with approximately 251,000 acres of forest land in the southeastern United States and timber sales.
What sector is Greif in?
Greif is in the Consumer Cyclical sector
What industry is Greif in?
Greif is in the Packaging & Containers industry
What country is Greif from?
Greif is headquartered in United States
When did Greif go public?
Greif initial public offering (IPO) was on 28 February 1996
What is Greif website?
https://www.greif.com
Is Greif in the S&P 500?
No, Greif is not included in the S&P 500 index
Is Greif in the NASDAQ 100?
No, Greif is not included in the NASDAQ 100 index
Is Greif in the Dow Jones?
No, Greif is not included in the Dow Jones index
When was Greif the previous earnings report?
No data
When does Greif earnings report?
The next expected earnings date for Greif is 04 December 2024