Greif Inc reports results for the quarter ended January 31 - Earnings Summary

• Greif Inc GEF.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.27. The mean expectation of seven analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 57 cents to 91 cents per share.

• Revenue rose 5% to $1.27 billion from a year ago; analysts expected $1.26 billion.

• Greif Inc's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $8.6 million.

• Greif Inc shares had fallen by 0.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Greif Inc is $75.50

This summary was machine generated from LSEG data February 26 at 10:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)