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.

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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.

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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.

Greif Inc. (NYSE:GEF ) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Ole Rosgaard - President, Chief Executive Officer Larry Hilsheimer - Executive Vice President, Chief Financial Officer Bill D'Onofrio - Vice President, Investor Relations and Corporate Development Conference Call Participants Matt Krueger - Baird George Staphos - Bank of America Mike Roxland - Truist Securities Brian Butler - Stifel Gabe Hadje - Wells Fargo Operator Good day and thank you for standing by. Welcome to the Greif second quarter 2024 earnings conference call.

Greif (GEF) Q2 2024 Earnings Call Transcript

Greif (GEF) expects adjusted EBITDA between $675 million and $725 million for fiscal 2024.

Greif (GEF) Q2 Earnings Beat Estimates, Sales Increase Y/Y

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The headline numbers for Greif (GEF) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Greif (GEF) Q2 Earnings: A Look at Key Metrics

Greif (GEF) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.77 per share a year ago.

Greif (GEF) Tops Q2 Earnings and Revenue Estimates

DELAWARE, Ohio, June 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results.

Greif Reports Fiscal Second Quarter 2024 Results

DELAWARE, Ohio, June 04, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today it is implementing a $50 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) products. The uncoated recycled paperboard increase is effective with new orders and shipments on and after July 8, 2024.

Greif Announces Price Increase for Uncoated Recycled Paperboard (URB)

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- 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 $0.52 per share on its Class A Common Stock, and $0.78 per share on its Class B Common Stock.

Greif, Inc. Declares Quarterly Dividend

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. (NYSE: GTLS).

Jillian Evanko Joins Greif Board of Directors

Evaluate the expected performance of Greif (GEF) for the quarter ended April 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Ahead of Greif (GEF) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

DELAWARE, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the company has been named to Newsweek's list of the 2024 Top 100 Global Most Loved Workplaces. The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 30 to more than 10,000.

Greif Named to Newsweek's List of the Top 100 Global Most Loved Workplaces For 2024

Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Greif (GEF) and Packaging Corp. (PKG). But which of these two companies is the best option for those looking for undervalued stocks?

GEF or PKG: Which Is the Better Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Greif (GEF) Stock Undervalued Right Now?

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) is Poised to Beat Earnings Estimates Again

DELAWARE, Ohio, April 30, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2024 second quarter financial results after the market closes on Wednesday, June 5, 2024. A conference call will be held on Thursday, June 6, 2024, at 8:30 a.m. ET to discuss the quarter results.

Greif, Inc. Announces 2024 Second Quarter Earnings Release and Conference Call Dates

Greif (GEF) closed at $62.12 in the latest trading session, marking a +0.45% move from the prior day.

Greif (GEF) Increases Yet Falls Behind Market: What Investors Need to Know

The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in Greif (GEF). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Greif (GEF) Could Rally 25.22%: Here's is How to Trade

Investors interested in Containers - Paper and Packaging stocks are likely familiar with Greif (GEF) and Packaging Corp. (PKG). But which of these two stocks presents investors with the better value opportunity right now?

GEF vs. PKG: Which Stock Is the Better Value Option?

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DELAWARE, Ohio, April 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, is proud to announce the Company has been recognized with the 2024 Gallup Exceptional Workplace Award (GEWA) for building a culture around the prioritization of engagement of our colleagues.

Greif Named 2024 Gallup Exceptional Workplace Award Winner

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

Greif (GEF) Up 7.1% Since Last Earnings Report: Can It Continue?

Greif (GEF) completes the acquisition of Ipackchem, which is expected to be immediately accretive to EBITDA margins.

Greif (GEF) Completes Ipackchem Acquisition, Boosts Portfolio

DELAWARE, Ohio, March 26, 2024 (GLOBE NEWSWIRE) -- 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 Ipackchem Group SAS ("Ipackchem").

News for Greif Stock (GEF)