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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Greif faces Q1 challenges but eyes growth through acquisitions

Greif's Q1 2023 earnings call highlighted progress in strategic initiatives but faced challenges in volume softness and cost pressures.
The company's focus on acquisitions, sustainability, and cost management underscored its commitment to long-term success.
Despite financial declines in net sales and EBITDA, improved free cash flow and a clear capital allocation strategy provide optimism.

Greif reports exceptional Q2 results, raises guidance amid challenges

Greif's Q2 performance exceeded expectations, driven by strong financials and sustainability efforts.
While facing challenges in certain business segments, the company's strengths in customer satisfaction and cost management shine through.
Revised guidance and positive outlook signal opportunities for growth and continued improvement in working capital.
Overall, Greif remains resilient, well-positioned, and focused on sustainable growth.

Greif exceeds Q3 earnings expectations, focuses on value and growth

Greif's Q3 2023 earnings call highlighted robust financial performance, exceeding guidance, and strategic initiatives to drive growth. Despite facing challenges in volume declines and margin improvements, the company remains focused on value pricing and customer service. With opportunities in strategic M&A and a strong financial position, Greif is well-positioned for continued success.

Greif reports strong fiscal 2023 results, eyes sustainable growth

Greif's fiscal 2023 performance reflects resilience amid challenges, with a focus on strategic investments and operational enhancements. While facing headwinds, the company remains committed to sustainable growth and operational efficiency, setting the stage for future success.

Greif reports $128M EBITDA in Q1, focuses on sustainability and growth

Greif's Q1 performance showed mixed results with global volume pressure and regional variations. The company's focus on sustainability and innovation, along with strategic investments, positions it well for future growth despite challenges in certain markets. Opportunities for expansion through acquisitions and improved cost management efforts provide a positive outlook.

Greif reports strong Q2 results, eyes APAC expansion for growth

Greif's Q2 performance reflects resilience amidst market challenges, driven by operational efficiency and strategic acquisitions. While facing short-term headwinds, the company remains focused on sustainable growth, customer service excellence, and capital deployment priorities. Opportunities in the APAC region and ongoing operational improvements position Greif for long-term success.

Greif reports robust Q3 earnings, poised for growth amidst challenges

Greif's Q3 performance reflects strong financial results and global growth momentum. The company's focus on polymer-based products, operational excellence, and customer service are key strengths driving its competitive advantage. While facing market uncertainties and operational changes, Greif remains committed to growth, debt reduction, and financial discipline to capitalize on opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Greif, Inc. engages in the production of industrial packaging products and services. It operates through the following segments: Global Industrial Packaging, Paper Packaging and Services, and Land Management. The Global Industrial Packaging segment includes steel, fiber, and plastic drums, intermediate bulk containers, closure systems, transit protection products, water bottles, and remanufactured and reconditioned industrial containers. The Paper Packaging & Services segment focuses on the production and sale of containerboard, corrugated sheets, containers, and other products. The Land Management segment involves harvesting and regeneration of timber. The company was founded by William Greif and Albert Vanderwyst in 1877 and is headquartered in Delaware, OH.

Shutterstock

ABM Industries

Stewart Information Services

United Bankshares

For this week's thematic stocks, Q.ai has assessed U.S. small to midcap stocks. While not the biggest fish in the sea by market cap, stocks like Shutterstock have room to grow.

Shutterstock Identified Among US Small To Midcap Stocks This Week

GEF's B shares pay 1.5X the dividend of the A shares, and they're cheaper. The GEF A/B shares spread is near an all-time low - it's upside down and offers good upside potential.

Greif: The B Shares Are A Steal, Arb Spread Near All-Time Low

Greif, Inc. (GEF) CEO Pete Watson on Q2 2021 Results - Earnings Call Transcript

Greif's (GEF) Q2 bottom-line results gains from strong business performance and solid customer demand.

Greif (GEF) Earnings and Revenues Beat Estimates in Q2, Up Y/Y

Shares of Greif (NYSE:GEF) increased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 18.95% over the past year to $1.13, which beat the estimate of $1.06.

Greif: Q2 Earnings Insights

DELAWARE, Ohio, June 9, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced second quarter 2021 results. Second Quarter Financial Highlights include (all results compared to the second quarter of 2020 unless otherwise noted)(1): Net income of $149.8 million or $2.51 per diluted Class A share increased compared to net income of $11.4 million or $0.19 per diluted Class A share.

Greif Reports Strong Second Quarter 2021 Results; Reintroduces Fiscal 2021 Earnings Guidance

DELAWARE, Ohio, June 8, 2021 /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 $0.44 per share on its Class A Common Stock, and $0.66 per share on its Class B Common Stock. The dividends are payable on July 1, 2021, to stockholders of record at the close of business on June 21, 2021.

Greif, Inc. Declares Second Quarter 2021 Dividends

On Wednesday, June 09, Greif (NYSE:GEF) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings Outlook for Greif

Greif (GEF) expects adjusted second-quarter fiscal 2021 earnings per share between $1.11 and $1.15. The mid-point of the guidance indicates year-over-year growth of 19%.

Greif (GEF) Shares Rise 2% on Upbeat Fiscal Q2 Guidance

DELAWARE, Ohio, May 20, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has revised its outlook for fiscal second quarter 2021. Fiscal second quarter 2021 diluted Class A earnings per share before adjustments is now expected to be in the range of $1.11 – $1.15 per share, compared to the Company's previous guidance range of $0.96 – $1.06 per share.1 The improved guidance range is mainly due to stronger than anticipated volumes and selling prices in the Global Industrial Packaging business and a slightly lower than anticipated tax rate, partially offset by higher than anticipated SG&A expense mainly due to higher incentive accruals.

Greif, Inc. Updates Fiscal Second Quarter 2021 Guidance

DELAWARE, Ohio, May 11, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2021 second quarter financial results after the market closes on Wednesday, June 9, 2021. A conference call will be held on Thursday, June 10, 2021 at 8:30 a.m.

Greif, Inc. Announces 2021 Second Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio, April 30, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B) a global leader in industrial packaging products and services, announced today the release of its online 2020 Sustainability Report describing the Company's efforts to advance its environmental, social and governance (ESG) priorities. This is Greif's 12th consecutive annual publication and details the Company's continued commitment to creating shared value for customers, stakeholders and the environment.

Greif Releases 2020 Sustainability Report Highlighting Environmental, Social and Governance priorities and progress

DELAWARE, Ohio, April 22, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has set a new goal to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions 28% by 2030. This target aligns to the prevailing climate science limit of keeping global warming to well below 2 degrees Celsius.

Greif Announces New Science-Aligned Greenhouse Gas Emissions Reduction Target

Greif (GEF) reported earnings 30 days ago. What's next for the stock?

Greif (GEF) Up 17.5% Since Last Earnings Report: Can It Continue?

Greif (GEF) is gaining on improving trends in several of its key end markets, pricing actions and focus on cost control.

Greif (GEF) Up 56% in 6 Months: What's Driving the Stock?

Greif's (GEF) CEO Pete Watson on Q1 2021 Results - Earnings Call Transcript

Greif's (GEF) first-quarter revenues gained on higher volumes but earnings were hurt by higher input and transportation costs.

Greif (GEF) Earnings & Revenues Surpass Estimates in Q1

Shares of Greif (NYSE:GEF) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 4.69% year over year to $0.61, which beat the estimate of $0.54.

Greif: Q1 Earnings Insights

DELAWARE, Ohio, Feb. 24, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2021 results. First Quarter Financial Highlights include (all results compared to the first quarter of 2020 unless...

Greif Reports First Quarter 2021 Results

DELAWARE, Ohio, Feb. 23, 2021 /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 $0.44 per share on its Class A Common Stock, and $0.66 per...

Greif, Inc. Declares First Quarter 2021 Dividends

Greif (GEF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Greif (GEF) Q1 Earnings Expected to Decline

DELAWARE, Ohio, Feb. 3, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2021 first quarter financial results after the market closes on Wednesday, February 24, 2021. A...

Greif, Inc. Announces 2021 First Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio, Feb. 2, 2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it is implementing price increases on certain paperboard and containerboard products. A $50 per ton price increase for all...

Greif, Inc. Implementing Price Increases for Uncoated Recycled Paperboard and Containerboard

Why Is Greif (GEF) Up 7.6% Since Last Earnings Report?

Let's see if Graphic Packaging (GPK) stock is a good choice for value-oriented investors right now from multiple angles.

News for Greif Stock (GEF)