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 (GEF) expects adjusted EPS between $7.45 and $7.75 for fiscal 2022.

Greif (GEF) Earnings & Sales Surpass Estimates in Q2, Up Y/Y

Greif Inc. (NYSE: GEF) shares are trading higher after the company reported better-than-expected second-quarter adjusted earnings per share and sales results. The company also issued full-year 2022 adjusted earnings per share guidance above analyst estimates.

Why Greif Shares Are Trading Higher Today

Greif, Inc. (NYSE:GEF ) Q2 2022 Earnings Conference Call June 9, 2022 8:30 AM ET Company Participants Matt Leahy - Vice President of Corporate Development and Investor Relations Ole Rosgaard - President and Chief Executive Officer Larry Hilsheimer - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird George Staphos - Bank of America Adam Josephson - Key Banc Gabe Hajde - Wells Fargo Justin Bergner - Gabelli Funds Operator Good morning. My name is Rob and I will be your conference operator today.

Greif, Inc.'s (GEF) CEO Ole Rosgaard on Q2 2022 Results - Earnings Call Transcript

Greif, Inc (NYSE: GEF) reported second-quarter net sales growth of 24.4% year-over-year to $1.67 billion, beating the consensus of $1.51 billion. Global Industrial Packaging net sales increased by $173.7 million to $971.7 million, and Paper Packaging & Services n et sales increased.

Why Greif Shares Are Surging After Hours Today

DELAWARE, Ohio , June 8, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced second quarter 2022 results. Second Quarter Financial Highlights include (all results compared to the second quarter of 2021 unless otherwise noted): Net income of $125.1 million or $2.09 per diluted Class A share decreased compared to net income of $149.8 million or $2.51 per diluted Class A share.

Greif Reports Second Quarter 2022 Results

DELAWARE, Ohio , June 7, 2022 /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 $0.46 per share on its Class A Common Stock, and $0.69 per share on its Class B Common Stock. The dividends are payable on July 1, 2022, to stockholders of record at the close of business on June 17, 2022.

Greif, Inc. Declares Second Quarter 2022 Dividends

DELAWARE, Ohio , May 10, 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 second quarter financial results after the market closes on Wednesday, June 8, 2022. A conference call will be held on Thursday, June 9, 2022 at 8:30 a.m.

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

Even as fundamental performance has remained strong, shares of Greif have experienced a bit of a drop. All of that said, the business continues to outperform the broader market and shares look cheap.

Greif, Inc.: Potential Still Exists

DELAWARE, Ohio , May 5, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB). The recycled paperboard increase is effective with new orders and shipments on and after June 6, 2022.

Greif, Inc. Announces a $50 Per Ton Price Increase on All Uncoated Recycled Paperboard (URB) and Coated Recycled Paperboard (CRB) Grades

13th consecutive annual report provides an update on Greif's sustainability progress, performance and highlights in 2021, including significant milestones on climate, waste and circularity commitments DELAWARE, Ohio , April 22, 2022  /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B) a global leader in industrial packaging products and services, announced today the release of its online 2021 Sustainability Report describing the Company's efforts to advance its environmental, social and governance (ESG) priorities. This is Greif's 13th consecutive annual publication and details the Company's continued commitment to creating shared value for customers, stakeholders and the environment.

Greif Releases 2021 Sustainability Report Highlighting Environmental, Social and Governance Priorities and Progress

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Greif's (GEF) divestment will help it focus on expanding its Build to Last Strategy.

Greif (GEF) Exits Flexible Packaging JV, Wraps Up 50% Stake Sale

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

Why Is Greif (GEF) Up 10.9% Since Last Earnings Report?

DELAWARE, Ohio , April 1, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging. "Completion of the FPS divestiture and the exit of the joint venture relationship is an important step in advancing our Build to Last Strategy," said Ole Rosgaard, Greif's President and Chief Executive Officer.

Greif, Inc. Completes the Sale of Flexible Packaging Joint Venture to Gulf Refined Packaging

Greif (GEF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Greif (GEF) Upgraded to Strong Buy: Here's Why

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Greif (GEF) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Greif (GEF): Strong Industry, Solid Earnings Estimate Revisions

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Greif (GEF) have what it takes?

Why Greif (GEF) is a Great Dividend Stock Right Now

Greif (GEF) expects adjusted EPS between $6.30 and $6.90 for fiscal 2022.

Greif (GEF) Earnings & Sales Surpass Estimates in Q1, Up Y/Y

Greif, Inc. (GEF) CEO Ole Rosgaard on Q1 2022 Results - Earnings Call Transcript

Greif (GEF) delivered earnings and revenue surprises of 6.67% and 4.64%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Greif (GEF) Q1 Earnings and Revenues Surpass Estimates

DELAWARE, Ohio, March 2, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2022 results. First Quarter Financial Highlights include (all results compared to the first quarter of 2021 unless otherwise noted): Net income of $10.3 million or $0.18 per diluted Class A share decreased compared to net income of $23.4 million or $0.40 per diluted Class A share.

Greif Reports First Quarter 2022 Results

DELAWARE, Ohio, March 1, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the election of Karen Morrison and Kim Scott to the Greif Board of Directors. Ms.

Greif, Inc. Announces Election of Two New Board Members

DELAWARE, Ohio, March 1, 2022 /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 $0.46 per share on its Class A Common Stock, and $0.69 per share on its Class B Common Stock. The dividends are payable on April 1, 2022, to stockholders of record at the close of business on March 17, 2022.

News for Greif Stock (GEF)