Greif

Greif, Inc. engages in the production of industrial packaging products and services. It operates through the following segments: Global Industrial Packaging, Paper Packaging & Services, and Land Management. The Global Industrial Packaging segment involves the production of industrial packaging products, such as steel, fiber & plastic drums, rigid & flexible intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles, and remanufactured & reconditioned industrial containers. The segment services include container life cycle management, filling, logistics, warehousing, and other packaging services. The Paper Packaging & Services segment focuses on the production and sale of containerboard, corrugated sheets, corrugated containers, and other corrugated products to customers in North America. The Land Management segment relates to the management and sale of timber, which focuses on the active harvesting and regeneration of the United States timber properties. The company was founded by William Greif and Albert Vanderwyst in 1877 and is headquartered in Delaware, OH.

Earnings data Q1 2023

Earnings data Q2 2023

Greif, Inc. (NYSE:GEF ) Q1 2023 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Ole Rosgaard - President and CEO Larry Hilsheimer - CFO Matt Leahy - VP, Corporate Development & IR Conference Call Participants Ghansham Panjabi - Robert W. Baird Gabe Hajde - Wells Fargo Aadit Shrestha - Stifel Financial Corp. Justin Bergner - Gabelli Funds Operator Good day, and thank you for standing by.

Greif, Inc. (GEF) Q1 2023 Earnings Call Transcript

Greif (GEF) misses earnings and revenue estimates for first-quarter fiscal 2023, reflecting lower volumes and selling prices as well as negative impacts caused by foreign currency translation.

Greif (GEF) Q1 Earnings Lag Estimates, Dip Y/Y on Low Demand

Greif (GEF) delivered earnings and revenue surprises of -15.87% and 1.05%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Greif (GEF) Lags Q1 Earnings and Revenue Estimates

DELAWARE, Ohio , March 1, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2023 results. First Quarter Financial Highlights include (all results compared to the first quarter of 2022 unless otherwise noted): Net income of $89.9 million or $1.54 per diluted Class A share increased compared to net income of $10.3 million or $0.18 per diluted Class A share.

Greif Reports First Quarter 2023 Results

Pete Watson retires from Board; Bruce Edwards elected as Chairman of the Board DELAWARE, Ohio , Feb. 28, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the election of Bruce Edwards, former Global Chief Executive Officer DHL Supply Chain, as Chairman of the Board of Directors of Greif. Bruce has served on the Board of Directors since 2006, most recently as Chair of the Audit Committee.

Bruce Edwards Elected Chairman of Greif, Inc. Board of Directors; Greif Announces Election of New Board Member and Other Changes

DELAWARE, Ohio , Feb. 28, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.50 per share on its Class A Common Stock, and $0.75 per share on its Class B Common Stock. The dividends are payable on April 1, 2023, to stockholders of record at the close of business on March 17, 2023.

Greif, Inc. Declares Quarterly Dividend

Greif (GEF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Greif (GEF) Expected to Beat Earnings Estimates: Should You Buy?

Greif is an undervalued but well-run company with strong execution. The company is executing a $150 million buyback.

Good Greif: Why This Company Deserves Your Attention

DELAWARE, Ohio, Jan. 27, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2023 first quarter financial results after the market closes on Wednesday, March 1, 2023. A conference call will be held on Thursday, March 2, 2023 at 8:30 a.m. ET to discuss the quarter results.

Greif, Inc. Announces 2023 First Quarter Earnings Release and Conference Call Dates

Greif (GEF) results have been bearing the brunt of escalating costs, labor shortages and supply-chain issues. The recent dip in demand adds to the company's woes.

Reasons Why You Should Avoid Betting on Greif (GEF) Now

Greif (GEF) acquires Lee Container to diversify its portfolio and further enhance growth.

Greif (GEF) Buys Lee Container for $300M, Diversifies Portfolio

Two additional awards reflect Greif's leadership and commitment to being a sustainable, equitable, and inclusive company. DELAWARE, Ohio , Dec. 21, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has received two additional awards recognizing the company's leadership and continued commitment to corporate social responsibility.

Greif Earns Further Recognition for Corporate Social Responsibility

DELAWARE, Ohio , Dec. 15, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed its previously announced acquisition of Lee Container Corporation, Inc. ("Lee Container" or "Lee"). "We are thrilled to welcome our Lee Container colleagues to Greif," said Ole Rosgaard, President and Chief Executive Officer of Greif.

Greif Completes Acquisition of Lee Container

New targets set ambitious goals focused on people, planet, and communities. DELAWARE, Ohio , Dec. 14, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today ambitious new sustainability targets, reinforcing the company's commitment to building a more sustainable and equitable future.

Greif Announces 2030 Sustainability Targets

Grief (GEF) misses earnings and revenue estimates for fourth-quarter fiscal 2022, reflecting negative impacts caused by foreign currency translation and lower volumes.

Grief (GEF) Q4 Earnings and Sales Miss Estimates, Decline Y/Y

Greif, Inc. (NYSE:GEF ) Q4 2022 Earnings Conference Call December 8, 2022 8:30 AM ET Company Participants Matt Leahy - VP of Corporate Development and IR Ole Rosgaard - President and CEO Larry Hilsheimer - CFO Conference Call Participants Ghansham Panjabi - RW. Baird Adam Josephson - KeyBanc George Staphos - Bank of America Aadit Shrestha - Stifel Operator Good day, and thank you for standing by.

Greif, Inc. (GEF) Q4 2022 Earnings Call Transcript

DELAWARE, Ohio , Dec. 7, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2022 results. Fourth  Quarter Results Include (all results compared to the fourth quarter 2021 unless otherwise noted): Net income of $99.5 million or $1.67 per diluted Class A share compared to net income of $104.5 million or $1.74 per diluted Class A share.

Greif Reports Fourth Quarter and Fiscal 2022 Results

Greif (GEF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Greif (GEF) Ahead of Earnings?

The list recognizes companies with leading environmental, social and governance ratings, and strong financial performance DELAWARE, Ohio , Nov. 17, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the company has been named one of the 100 Best ESG Companies by Investor's Business Daily (IBD), a leading financial news and research organization. The fourth annual list recognizes publicly traded companies with superior environmental, social and governance (ESG) ratings, in addition to strong fundamental and technical stock performance.

Greif Named One of the Top 100 Best ESG Companies by Investor's Business Daily

Greif (GEF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Greif (GEF) Could Beat Earnings Estimates Again

DELAWARE, Ohio , Nov. 14, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2022 fourth quarter financial results after the market closes on Wednesday, December 7, 2022. A conference call will be held on Thursday, December 8, 2022 at 8:30 a.m.

Greif, Inc. Announces 2022 Fourth Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio , Nov. 9, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today reaffirms that its fiscal 2022 results will be within its previously provided guidance range of Class A earnings per share before adjustments of $7.90 to $8.10 per share1,2 in anticipation of participation in the Baird Global Industrial Conference in Chicago, IL on Wednesday, November 9, 2022. The materials presented at this conference will be accessible online the morning of the conference through the Investors section of the Company's website located at www.greif.com.

Greif, Inc. Attends Baird Global Industrial Conference; Reaffirms Fiscal Year 2022 Guidance

Acquisition establishes a strong foothold in jerrycans in NA DELAWARE, Ohio , Nov. 9, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has entered into a definitive agreement to acquire Lee Container Corporation, Inc. ("Lee Container" or "Lee"), an industry-leading manufacturer of high-performance barrier and conventional blow molded containers, for a purchase price of $300 million before taking into consideration tax benefits with an estimated net present value of approximately $30 million. The all-cash transaction will be funded through Greif's existing credit facility and is expected to close by the end of the calendar year, subject to customary closing conditions, including regulatory clearances.

Greif to Acquire Lee Container

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Why Greif (GEF) is a Top Value Stock for the Long-Term

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