Company Performance - Greif reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.77 per share, but down from $1.77 per share a year ago, indicating an earnings surprise of 6.49% [1] - The company achieved revenues of $1.37 billion for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 4.76% and up from $1.31 billion year-over-year [2] - Over the last four quarters, Greif has consistently surpassed consensus EPS estimates and topped revenue estimates twice [2] Market Context - Greif shares have declined approximately 3.5% since the beginning of the year, contrasting with the S&P 500's gain of 10.9% [3] - The Containers - Paper and Packaging industry, to which Greif belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.08 on revenues of $1.39 billion, while the estimate for the current fiscal year is $4 on revenues of $5.28 billion [7] - The estimate revisions trend for Greif is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]

Core Points - Greif, Inc. announced a price increase of $50 to $70 per short ton for all grades of uncoated recycled paperboard (URB) products, effective from July 8, 2024 [1][2] - The price increase is attributed to rising costs in raw materials, energy, labor, and transportation, alongside increasing demand for URB products [2] Company Overview - Greif is a global leader in industrial packaging products and services, producing a wide range of products including steel, plastic, and fiber drums, intermediate bulk containers, and various types of paperboard [3] - The company operates over 248 facilities in 37 countries, employing more than 14,000 colleagues to serve both global and regional customers [3]

Company Overview - Greif, Inc. is a global leader in industrial packaging products and services, producing a variety of packaging solutions including steel, plastic, and fiber drums, intermediate bulk containers, and more [5] - The company aims to be the best performing customer service company in the world and operates over 248 facilities in 37 countries with a workforce of more than 14,000 employees [5] Leadership Appointment - Jillian (Jill) Evanko has been appointed to the Board of Directors of Greif, bringing over 25 years of experience in the manufacturing and industrial sectors [1][2] - Evanko has held various operational and financial executive positions at companies such as Dover Corporation, Arthur Andersen LLP, Honeywell Corporation, and Sony Corporation [2] Educational Background and Achievements - Evanko holds an MBA from The University of Notre Dame and a Bachelor of Science in Business Administration from La Salle University [3] - She has received multiple awards for her leadership, including the 2023 EY Entrepreneur of the Year Southeastern Finalist and the 2020 S&P Global Platts Energy Award for Chief Trailblazer [3] Strategic Vision - Evanko expressed her honor in joining the Greif Board and emphasized the company's commitment to innovation and customer service [4] - The company is focused on achieving its strategic goals and creating value for stakeholders and shareholders [4]

Core Points - Greif, Inc. has declared quarterly cash dividends of $0.52 per share on its Class A Common Stock and $0.78 per share on its Class B Common Stock [1] - The dividends are scheduled to be payable on July 1, 2024, to stockholders of record as of June 18, 2024 [1] Company Overview - Greif is a global leader in industrial packaging products and services, aiming to be the best performing customer service company in the world [1] - The company produces a variety of products including steel, plastic, and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans, containerboard, and specialty products [1] - Greif also provides filling, packaging, and other services across various industries and manages timber properties in the southeastern United States [1] - The company employs over 14,000 colleagues across more than 250 facilities in 37 countries [1]

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. (NYSE: GTLS). "We are delighted to welcome Jill to the Greif Board of Directors," said Bruce Edwards, Chairman of the Greif Board of Directors. "Jill brings a wealth of experience in the manufacturing ...

Core Insights - Greif, Inc. has been recognized as one of the 2024 Top 100 Global Most Loved Workplaces by Newsweek, marking its second consecutive year on the list [1][3][4] Company Recognition - The recognition is based on a survey of over 2 million employees from various companies, highlighting those that prioritize respect, care, and appreciation for their workforce [2] - Greif's President and CEO, Ole Rosgaard, emphasized the company's commitment to a strong culture of respect and integrity, which contributes to its success in creating sustainable packaging solutions [4] Employee Engagement - The recognition is seen as an opportunity for Greif to attract top talent and enhance its diverse global company culture, as noted by the Executive Vice President and Chief Human Resources Officer, Bala V. Sathyanarayanan [4] Company Overview - Greif is a global leader in industrial packaging products and services, producing a wide range of packaging solutions including steel, plastic, and fiber drums, as well as providing filling and packaging services [6] - The company operates with a workforce of over 14,000 across 248 facilities in 37 countries, serving both global and regional customers [6]

DELAWARE, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, announced today the company has been named to Newsweek's list of the 2024 Top 100 Global Most Loved Workplaces. The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 30 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the cent ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Greif (GEF) , which belongs to the Zacks Containers - Paper and Packaging industry.When looking at the last two reports, this industrial packaging company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 277.50%, on average, in the last two quarters.For the last reported quarter, Greif came out with earnings o ...

Greif (GEF) ended the recent trading session at $62.12, demonstrating a +0.45% swing from the preceding day's closing price. This change lagged the S&P 500's 1.2% gain on the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.59%.Shares of the industrial packaging company witnessed a loss of 7.4% over the previous month, trailing the performance of the Industrial Products sector with its loss of 3.72% and the S&P 500's loss of 4.16%.The investment community will be closely monitoring ...