Greif(GEF)
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Greif(GEF) - 2024 Q4 - Annual Report
2024-12-23 15:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-00566 Registrant's telephone number, including area code: (740) 549-6000 1 PART I General Development of Business We are a leading global producer of industrial packaging ...
Greif(GEF) - 2024 Q4 - Annual Results
2024-12-05 22:17
Exhibit 99.1 Greif Reports Fourth Quarter and Fiscal 2024 Results DELAWARE, Ohio (December 4, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2024 results. Fiscal Fourth Quarter 2024 Financial Highlights: (all results compared to the fourth quarter 2023 unless otherwise noted) • Net income decreased 6.5% to $63.4 million or $1.08 per diluted Class A share compared to net income of $67.8 million or $1.16 per dilut ...
Greif Q4 Earnings Beat Estimates, Margins Decline on Elevated Costs
ZACKS· 2024-12-05 21:00
Greif, Inc. (GEF) reported adjusted earnings per share (EPS) of $1.13 for fourth-quarter fiscal 2024 (ended Oct. 31, 2024), which surpassed the Zacks Consensus Estimate of $1.08. GEF’s bottom line declined 29% year over year as higher input and labor costs as well as selling, general and administrative expenses offset the gain from improved sales.Including one-time items, Greif’s EPS was $1.08 compared with $1.16 in the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calenda ...
Greif(GEF) - 2024 Q4 - Earnings Call Presentation
2024-12-05 13:44
(® PACKAGING SUCCESS TOGETHER® tic Drums Fiscal Fourth Quarter 2024 Earnings Conference Call December 5, 2024 Safe Harbor FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. The words "may," "will," "expect," "intend," "estimate," "anticipate," "aspiration," "objective," "project," "believe," "continue," "on track" or "target" or the negative thereof and similar expressions, among others, identi ...
Greif, Inc. Issues Corrected Fourth Quarter and Fiscal Year 2024 Earnings Release
GlobeNewswire News Room· 2024-12-05 04:52
DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), has issued a revised earnings release to correct an error in the previously issued press release titled “Greif Reports Fourth Quarter and Fiscal 2024 Results” (the “Prior Earnings Release”) issued on December 4, 2024 at 04:01 PM ET. In the Prior Earnings Release, 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 ...
CORRECTION - Greif Reports Fourth Quarter and Fiscal 2024 Results
GlobeNewswire News Room· 2024-12-05 03:59
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, ...
Compared to Estimates, Greif (GEF) Q4 Earnings: A Look at Key Metrics
ZACKS· 2024-12-05 00:01
Greif (GEF) reported $1.42 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 8.3%. EPS of $0.85 for the same period compares to $1.56 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.41 billion, representing a surprise of +0.34%. The company delivered an EPS surprise of -21.30%, with the consensus EPS estimate being $1.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Greif (GEF) Lags Q4 Earnings Estimates
ZACKS· 2024-12-04 23:16
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.30%. A quarter ago, it was expected that this industrial packaging company would post earnings of $1.17 per share when it actually produced earnings of $1.03, delivering a surprise of -11.97%.Over the last four quarters, ...
Greif (GEF) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-11-28 15:20
Analysts on Wall Street project that Greif (GEF) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing a decline of 30.8% year over year. Revenues are projected to reach $1.42 billion, increasing 8.2% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earn ...
Greif: Attractive Enough To Be Bullish About
Seeking Alpha· 2024-10-04 16:58
I don't know about you, but I have always been interested in the packaging industry. One of the firms in this space that I have liked for some time is Greif, Inc. (NYSE: Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the se ...