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Greif Q1 2024 Earnings Report

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$60.32 -0.13 (-0.22%)
(As of 12/20/2024 05:31 PM ET)

Greif EPS Results

Actual EPS
$1.27
Consensus EPS
$0.20
Beat/Miss
Beat by +$1.07
One Year Ago EPS
$1.06

Greif Revenue Results

Actual Revenue
$1.21 billion
Expected Revenue
$1.26 billion
Beat/Miss
Missed by -$55.97 million
YoY Revenue Growth
-5.10%

Greif Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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Greif Earnings Headlines

Brokerages Set Greif, Inc. (NYSE:GEF) Target Price at $78.67
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About Greif

Greif (NYSE:GEF) engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

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