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Greif Named to Newsweek's Top 100 Most Loved Workplaces for Fourth Consecutive Year
GlobeNewswire News Room· 2024-10-02 20:30
DELAWARE, Ohio, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that it has been recognized as a Top 100 Most Loved Workplace for the fourth consecutive year by Newsweek. "We are honored to be recognized as one of Newsweek's Top 100 Most Loved Workplaces for the fourth consecutive year," said Ole Rosgaard, Greif President and Chief Executive Officer. "This recognition is a testament to our employees' dedication ...
Greif Expands Footprint With New Facility in Pasir Gudang
ZACKS· 2024-09-05 16:35
Greif, Inc. (GEF) announced that it opened a facility in Pasir Gudang, Johor This move will help the company expand its business in Johor while staying committed to delivering high-quality packaging solutions. New Facility to Enhance Greif's Capabilities The company's new factory in Pasir Gudang produces Intermediate Bulk Containers , which are utilized in a variety of industries, including food, chemicals, lubricants, flavors and fragrances. The Johor facility employs cutting-edge manufacturing technologie ...
Greif(GEF) - 2024 Q3 - Quarterly Results
2024-09-03 18:10
Exhibit 99.1 Greif Reports Fiscal Third Quarter 2024 Results Strategic Actions and Announcements CEO Commentary Build to Last Mission Progress DELAWARE, Ohio (August 28, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal third quarter 2024 results. Fiscal Third Quarter 2024 Financial Highlights: (all results compared to the third quarter of 2023 unless otherwise noted) • Net income decreased 3.5% to $87.1 million or $1.50 per diluted ...
Interpreting Greif (GEF) International Revenue Trends
ZACKS· 2024-09-02 14:15
Have you looked into how Greif (GEF) performed internationally during the quarter ending July 2024? Considering the widespread global presence of this industrial packaging company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must underst ...
Greif Analysts Slash Their Forecasts After Q3 Earnings
Benzinga· 2024-08-30 18:25
Greif, Inc. GEF reported worse-than-expected earnings for its third quarter, after the closing bell on Wednesday. Greif reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.14 per share. The company reported quarterly sales of $1.454 billion which beat the analyst consensus estimate of $1.433 billion, according to data from Benzinga Pro. "We are proud to present another solid quarter of performance for Greif," stated Ole Rosgaard, President and CEO, "While global ...
Greif(GEF) - 2024 Q3 - Earnings Call Transcript
2024-08-29 22:38
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 O ...
Greif(GEF) - 2024 Q3 - Quarterly Report
2024-08-29 18:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-00566 GREIF, INC. (Exact name of registrant as specified in its charter) Delaware 31-4388903 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer I ...
Greif Q3 Earnings Miss Estimates, Sales Beat on Higher Volumes
ZACKS· 2024-08-29 17:37
Greif, Inc. (GEF) reported adjusted earnings per share (EPS) of $1.03 in third-quarter fiscal 2024 (ended July 31, 2024), missing the Zacks Consensus Estimate of $1.17. The bottom line fell 41.1% year over year. Including one-time items, EPS was $1.50 in the quarter compared with $1.55 in the prior-year quarter. Greif's Sales Rise in Q3, Margins Dip GEF's sales moved up 9.3% year over year to $1.45 billion. The top line surpassed the Zacks Consensus Estimate of $1.42 billion. The upside was mainly due to hi ...
Greif (GEF) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-28 23:31
Greif (GEF) reported $1.45 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 9.3%. EPS of $1.03 for the same period compares to $1.75 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.43 billion, representing a surprise of +1.85%. The company delivered an EPS surprise of -11.97%, with the consensus EPS estimate being $1.17. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Greif (GEF) Q3 Earnings Lag Estimates
ZACKS· 2024-08-28 22:20
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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -11.97%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.77 per share when it actually produced earnings of $0.82, delivering a surprise of 6.49%. Over the last four quarters, t ...