Greif Reports EPS of $0.86 vs. $0.90; Revenue $943.8M vs. $876.19M

Greif, Inc. GEF, today announced results for its first fiscal quarter, which ended Jan. 31, 2011. The company reported record first quarter net sales of $943.8 million, first quarter net income of $41.4 million, or $0.71 per diluted Class A share, and first quarter net income before special items of $50.1 million, or $0.86 per diluted Class A share.