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Stock impact report

Greif Reports Fiscal Third Quarter 2024 Results

Greif Inc. Class A (GEF) 
Last greif inc. class a earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
DELAWARE, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal third quarter 2024 results. Fiscal Third Quarter 2024 Financial Highlights: (all results compared to the third quarter of 2023 unless otherwise noted) Net income decreased 3.5% to $87.1 million or $1.50 per diluted Class A share compared to net income of $90.3 million or $1.55 per diluted Class A share. Net income, excluding the impact of adjustments(1), decreased 41.6% to $59.6 million or $1.03 per diluted Class A share compared to net income, excluding the impact of adjustments, of $102.1 million or $1.75 per diluted Class A share.Adjusted EBITDA(2) decreased 14.5% to $193.7 million compared to Adjusted EBITDA of $226.5 million.Net cash provided by operating activities decreased by $125.5 million to $76.8 million. Adjusted free cash flow(3) decreased by $132.8 million to a source of $34.3 million.Total debt of $2, Show less Read more
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