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Greif (GEF) Q1 Earnings and Revenues Miss Estimates
GEFGreif(GEF) ZACKS·2025-02-26 23:25

Financial Performance - Greif reported quarterly earnings of 0.39pershare,missingtheZacksConsensusEstimateof0.39 per share, missing the Zacks Consensus Estimate of 0.72 per share, and down from 1.27pershareayearago,representinganearningssurpriseof45.831.27 per share a year ago, representing an earnings surprise of -45.83% [1] - The company posted revenues of 1.27 billion for the quarter, missing the Zacks Consensus Estimate by 2.60%, compared to 1.21billioninthesamequarterlastyear[2]Overthelastfourquarters,GreifhassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesthreetimes[2]StockPerformanceGreifshareshavelostabout0.91.21 billion in the same quarter last year [2] - Over the last four quarters, Greif has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Greif shares have lost about 0.9% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is 1.17 on revenues of 1.42billion,andforthecurrentfiscalyear,itis1.42 billion, and for the current fiscal year, it is 4.11 on revenues of $5.22 billion [7] - The outlook for the Containers - Paper and Packaging industry, where Greif operates, is currently in the bottom 28% of over 250 Zacks industries, which may impact stock performance [8]