Greif Q3 Earnings Miss Estimates, Sales Beat on Higher Volumes
GEFGreif(GEF) ZACKS·2024-08-30 01:37

Greif, Inc. (GEF) reported adjusted earnings per share (EPS) of $1.03 in third-quarter fiscal 2024 (ended July 31, 2024), missing the Zacks Consensus Estimate of $1.17. The bottom line fell 41.1% year over year. Including one-time items, EPS was $1.50 in the quarter compared with $1.55 in the prior-year quarter. Greif's Sales Rise in Q3, Margins Dip GEF's sales moved up 9.3% year over year to $1.45 billion. The top line surpassed the Zacks Consensus Estimate of $1.42 billion. The upside was mainly due to hi ...