Greif Q4 Earnings Beat Estimates, Margins Decline on Elevated Costs

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 ...