Greif Q4 Earnings Beat Estimates, Margins Decline on Elevated Costs [Yahoo! Finance]
Greif Inc. Class A (GEF)
Last greif inc. class a earnings: 2/26 04:15 pm
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US:NYSE Investor Relations:
greif.com/about-greif/news/news/article/greif-inc-announces-highlights-of-2017-investor-day
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Source: Yahoo! Finance
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 Calendar. Greif, Inc. price-consensus-eps-surprise-chart | Greif, Inc. Quote GEF's sales increased 8% year over year to $1.42 billion . The top line surpassed the Zacks Consensus Estimate of $1.41 billion. The year-over-year improvement was attributed to higher volumes in the Global Industrial Packaging segment, increased average selling prices in the Paper Packaging & Services segment and gains from recent acquisitions. Greif witnessed a 9.3% rise in the cost of sales to $1.13 billion due to higher raw material, labor and manufacturing costs. Gross profit amounted to around $289 million, up 4.7% from the prior-year quarter. The gross margin was 20.4%
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GEF
News
- Why You Might Be Interested In Greif, Inc. (NYSE:GEF) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Greif Inc. Hosts 2024 Investor DayGlobeNewswire
- Greif Boosts Modular Packaging Solution With Launch of ModCan [Yahoo! Finance]Yahoo! Finance
- Greif Launches New Modular Packaging SolutionGlobeNewswire
- Greif, Inc. (NYSE: GEF) had its price target raised by analysts at Robert W. Baird from $70.00 to $75.00. They now have a "neutral" rating on the stock.MarketBeat
GEF
Earnings
- 12/4/24 - Beat
GEF
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- GEF's page on the SEC website