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.

Greif (GEF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Greif (GEF) Upgraded to Buy: What Does It Mean for the Stock?

The mean of analysts' price targets for Greif (GEF) points to a 25.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Greif (GEF) Have the Potential to Rally 25.2% as Wall Street Analysts Expect?

Aptargroup

Packaging Corp of America

Strong demand for consumer-centric products and flourishing e-commerce activities will benefit companies like PKG, ATR and GEF, which belong to the Zacks Containers-Paper and Packaging industry.

3 Stocks to Watch in the Thriving Paper & Plastic Packaging Industry

Greif's (GEF) Q1 top line reflects lower volumes and average selling prices.

Greif (GEF) Q1 Earnings Beat Estimates, Sales Decline Y/Y

Greif, Inc. (GEF) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Greif (GEF) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Greif (GEF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Greif (GEF) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $1.06 per share a year ago.

Greif (GEF) Q1 Earnings and Revenues Beat Estimates

DELAWARE, Ohio, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2024 results.

Greif Reports First Quarter 2024 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Greif (GEF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2024.

Greif (GEF) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

DELAWARE, Ohio, Feb. 05, 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 first quarter financial results after the market closes on Wednesday, February 28, 2024. A conference call will be held on Thursday, February 29, 2024 at 8:30 a.m. ET to discuss the quarter results.

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

DELAWARE, Ohio, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, is excited to announce a new corporate partnership with the Columbus Blue Jackets National Hockey League (NHL) franchise through 2026. The partnership includes a new fundraising platform for the Blue Jackets Foundation, supporting their community initiatives, and contributing to the team's hockey-themed wellness curriculum.

Greif Announces New Partnership with the Columbus Blue Jackets NHL Franchise

Revenues keep decreasing as volumes are weak, but the IPACKCHEM acquisition should give them a boost in fiscal 2024. Gross profit and EBITDA margins remain high, and despite a recent contraction, recent product price raises should stabilize them. The debt profile has improved significantly in recent years, although debt will increase in fiscal 2024 as a result of the IPACKCHEM acquisition.

Greif: Performance And Expectations Are Worsening, But The Share Price Remains High

DELAWARE, Ohio, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, and IonKraft, a barrier technology company specializing in plasma-based coatings, are pleased to announce a new pilot-project partnership. The collaboration aims to revolutionize the challenges of recyclability and sustainability in plastic jerrycan packaging that requires an additional barrier solution.

Greif and IonKraft Announce New Pilot-Project Partnership to Revolutionize Industrial Packaging

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

Why Is Greif (GEF) Down 4.3% Since Last Earnings Report?

DELAWARE, Ohio, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today it is implementing a $40 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) and a minimum 6.0 percent increase on all tube and core and protective packaging products.

Greif Announces Price Increase for Uncoated Recycled Paperboard (URB), Tube and Core and Protective Packaging Products

Greif (GEF) suffers from a slowdown in demand due to inflationary pressures, high-interest rates and cost inflation.

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

Greif, a packaging company, has seen a decline in share price and weak financial performance, with revenue dropping 17.8% in 2023. Despite the worsening conditions, shares still appear attractively priced and a soft 'buy' rating is still appropriate. This is due, in part, to the fact that Greif continues to make investments in growth initiatives, including recent acquisitions, indicating long-term potential for the company.

Greif: Still Worth Considering, Even After Shares Took A Hit

Greif, Inc. (NYSE:GEF ) Q4 2023 Earnings Call Transcript December 7, 2023 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 - Baird Roger Spitz - Bank of America Gabe Hajde - Wells Fargo Operator Good day and welcome to the Greif Fourth Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Greif, Inc. (GEF) Q4 2023 Earnings Call Transcript

Greif's (GEF) Q4 results reflect the impacts of lower volume and lower average selling prices across its segments.

Greif (GEF) Q4 Earnings Beat Estimates, Revenues Down Y/Y

While the top- and bottom-line numbers for Greif (GEF) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Greif (GEF) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Greif (GEF) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.83 per share a year ago.

Greif (GEF) Q4 Earnings Surpass Estimates

DELAWARE, Ohio, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2023 results.

Greif Reports Fourth Quarter and Fiscal 2023 Results

Greif's (GEF) fourth-quarter fiscal 2023 results are likely to reflect the impacts of lower volumes across its segments.

Greif (GEF) to Report Q4 Earnings: What's in the Offing?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Greif (GEF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2023.

Stay Ahead of the Game With Greif (GEF) Q4 Earnings: Wall Street's Insights on Key Metrics

DELAWARE, Ohio, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today reaffirms that fiscal 2023 results will be within the previously provided guidance range of Adjusted EBITDA of $790 million to $820 million1 in anticipation of participation in the Baird Global Industrial Conference in Chicago, IL on Wednesday, November 8, 2023. 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.

News for Greif Stock (GEF)