Greif, Inc. Issues Corrected Fourth Quarter and Fiscal Year 2024 Earnings Release

Core Points - Greif, Inc. issued a revised earnings release to correct an error in the previously reported fourth quarter and fiscal 2024 results [1] - The initial report incorrectly stated a $16.0 million income tax expense, leading to a misreported net income of $49.6 million and diluted Class A earnings per share of $0.85 [2] - The corrected figures show a net income of $65.5 million and diluted Class A earnings per share of $1.13 [2][3] Company Overview - Greif, Inc. is a global leader in industrial packaging products and services, aiming to be the best performing customer service company in the world [5] - The company produces a variety of packaging products including steel, plastic, and fiber drums, intermediate bulk containers, and other specialty products [5] - Greif operates over 250 facilities in 37 countries, employing more than 14,000 colleagues to serve both global and regional customers [5]