Greif (GEF) Tops Q2 Earnings and Revenue Estimates

Greif (GEF) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 6.49%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.20 per share when it actually produced earnings of $1.27, delivering a surprise of 535%. The sustainability of the stock ...