Investors looking for stocks in the Containers - Paper and Packaging sector might want to consider either Greif (GEF) or Packaging Corp. (PKG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on ear ...

Greif (GEF) closed the last trading session at $64.96, gaining 4.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $81.33 indicates a 25.2% upside potential.The average comprises three short-term price targets ranging from a low of $75 to a high of $88, with a standard deviation of $6.51. While the lowest estimate indicates an increase of 15.5% from the current price level, the mo ...

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.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 broader market. Value investors use fundamental analysis and traditional va ...

Greif, Inc. (GEF) reported adjusted earnings per share of $1.27 for first-quarter fiscal 2024, beating the Zacks Consensus Estimate of 20 cents. The bottom line increased 20% year over year.Including one-time items, EPS was $1.75 in the quarter compared with $2.31 in the prior-year quarter.Operational UpdateSales moved down 5.1% year over year to $1.20 billion due to lower volumes and average selling prices. However, the top line beat the Zacks Consensus Estimate of $1.19 billion.The cost of sales declined ...

Company Participants Conference Call Participants Operator I would now like to hand the conference over to your speaker, Matt Leahy. Please go ahead. Thanks, and good morning, everyone. Welcome to Greif's fiscal first quarter 2024 earnings conference call. This is Matt Leahy, Greif's Vice President of Corporate Development and Investor Relations. And I am joined by Ole Rosgaard, Greif's President and Chief Executive Officer; and Larry Hilsheimer, Greif's Chief Financial Officer. Please turn to Slide 2. As a ...

Greif Reports First Quarter 2024 Results DELAWARE, Ohio (February 28, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2024 results. First Quarter Financial Highlights include (all results compared to the first quarter of 2023 unless otherwise noted): Exhibit 99.1 CEO Commentary "Greif once again has produced solid financial results in a challenging operating environment," said Ole Rosgaard, President and Chief Executive Off ...

For the quarter ended January 2024, Greif (GEF) reported revenue of $1.21 billion, down 5.1% over the same period last year. EPS came in at $1.27, compared to $1.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.2 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +535.00%, with the consensus EPS estimate being $0.20.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Greif (GEF) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 535%. A quarter ago, it was expected that this industrial packaging company would post earnings of $1.30 per share when it actually produced earnings of $1.56, delivering a surprise of 20%.Over the last four quarters, the com ...

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 January 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 ...

DELAWARE, Ohio, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, announced today that its Board of Directors 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. The dividends are payable on April 1, 2024, to stockholders of record at the close of business on March 18, 2024. About Greif, Inc. Greif is a global leader in industrial packaging produc ...