Greif (GEF) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - The market anticipates Greif (GEF) will report a year-over-year increase in earnings driven by higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Greif is expected to report quarterly earnings of $1.08 per share, reflecting a year-over-year increase of 31.7% [3]. - Revenue projections stand at $1.43 billion, indicating a 4.1% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analyst expectations [4]. - A negative Earnings ESP of -1.40% indicates a recent bearish sentiment among analysts regarding Greif's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more recent and potentially more accurate [8]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. Historical Performance - In the last reported quarter, Greif was expected to post earnings of $0.72 per share but only achieved $0.39, resulting in a surprise of -45.83% [13]. - Over the past four quarters, Greif has beaten consensus EPS estimates twice [14]. Conclusion - Greif does not currently appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock [17].