Recap: Greif Q2 Earnings

Greif GEF reported its Q2 earnings results on Wednesday, June 7, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Greif beat estimated earnings by 34.09%, reporting an EPS of $1.77 versus an estimate of $1.32.

Revenue was down $358.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 10.16% drop in the share price the next day.

Here's a look at Greif's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 1.21 1.93 2 1.71
EPS Actual 1.06 1.83 2.35 2.41
Revenue Estimate 1.34B 1.58B 1.60B 1.51B
Revenue Actual 1.27B 1.50B 1.62B 1.67B

To track all earnings releases for Greif visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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