Greif (NYSE: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.
