NYSE - Delayed Quote • USD Greif, Inc. (GEF) Follow Compare 61.80 +0.64 (+1.05%) At close: December 26 at 4:00:02 PM EST 62.59 +0.79 (+1.28%) Pre-Market: 7:22:04 AM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Greif details cost reduction strategy, value in business unit restructuring Executives made good on their promise to provide details about the $100 million cost-reduction plan announced on last week’s earnings call. Plus, they further explained the decision to invest more in the plastics sector. Why You Might Be Interested In Greif, Inc. (NYSE:GEF) For Its Upcoming Dividend Greif, Inc. ( NYSE:GEF ) is about to trade ex-dividend in the next 3 days. The ex-dividend date occurs one day before... Greif Inc. Hosts 2024 Investor Day DELAWARE, Ohio, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, is hosting an Investor Day in New York City today, Wednesday, December 11, 2024, starting at 8:30 a.m. (ET). The event is expected to conclude at approximately 12:00 p.m. (ET). Ole Rosgaard, Chief Executive Officer, Larry Hilsheimer, Chief Financial Officer, and the Greif Executive Leadership Team will provide an in-depth review of the Company’s Build t Greif Boosts Modular Packaging Solution With Launch of ModCan GEF launches ModCan, currently available in North America, to revolutionize industrial waste management and other applications. Greif launches modular packaging solution for industrial waste management The ModCan containment system is designed to seamlessly fit into Greif’s 55gal drums. Greif Launches New Modular Packaging Solution DELAWARE, Ohio, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced at the Pack-Expo conference in Chicago the launch of ModCan™, an innovative modular packaging solution designed to improve efficiency and safety in shipping and storing dissimilar materials and waste. Using a unique wedge-shaped design, the modular components are engineered to fit precisely into a Greif 55-gallon drum, allowing multiple materi New Strong Sell Stocks for December 9th ALG, GEF and HTCMY have been added to the Zacks Rank #5 (Strong Sell) List on December 9, 2024. Greif reports 6.5% dip in net income in fourth quarter of 2024 EBITDA also experienced a decrease of 2% during the quarter. Greif leans into polymers following business segment shuffle After creating four material-based business segments, Greif’s executives signaled the polymers space holds the greatest growth potential. Executives also announced a $100 million cost-cutting plan. Q4 2024 Greif Inc Earnings Call Q4 2024 Greif Inc Earnings Call Greif Inc (GEF) Q4 2024 Earnings Call Highlights: Strategic Optimizations Amidst Market Challenges Greif Inc (GEF) reports strong net income and EPS growth, while navigating industrial headwinds and planning significant cost reductions. Greif Q4 Earnings Beat Estimates, Margins Decline on Elevated Costs GEF's Q4 top line gains from improved volumes and recent acquisitions, but elevated costs continue to put pressure on its margins. Greif, Inc. Issues Corrected Fourth Quarter and Fiscal Year 2024 Earnings Release Corrected fourth quarter 2024 net income, excluding adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), has issued a revised earnings release to correct an error in the previously issued press release titled “Greif Reports Fourth Quarter and Fiscal 2024 Results” (the “Prior Earnings Release”) issued on December 4, 2024 at 04:01 PM ET. In the Prio CORRECTION - Greif Reports Fourth Quarter and Fiscal 2024 Results DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Correction: Fourth quarter 2024 net income, excluding the impact of adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13. In the earnings release issued earlier today, the fourth quarter 2024 net income, excluding the impact of adjustments, incorrectly presented a $16.0 million income tax expense related to “(gain) loss on disposal of businesses, net”. This resulted in stating Compared to Estimates, Greif (GEF) Q4 Earnings: A Look at Key Metrics The headline numbers for Greif (GEF) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. Greif (GEF) Lags Q4 Earnings Estimates Greif (GEF) delivered earnings and revenue surprises of -21.30% and 0.34%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock? Greif: Fiscal Q4 Earnings Snapshot DELAWARE, Ohio (AP) — Greif Inc. GEF.B) on Wednesday reported net income of $63.4 million in its fiscal fourth quarter. The Delaware, Ohio-based company said it had profit of $1.08 per share. Greif Reports Fourth Quarter and Fiscal 2024 Results DELAWARE, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2024 results. Fiscal Fourth Quarter 2024 Financial Highlights: (all results compared to the fourth quarter 2023 unless otherwise noted) Net income decreased 6.5% to $63.4 million or $1.08 per diluted Class A share compared to net income of $67.8 million or $1.16 per diluted Class A share. Net income, excluding th Greif, Inc. Declares Quarterly Dividend DELAWARE, Ohio, Dec. 03, 2024 (GLOBE NEWSWIRE) -- 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 $0.54 per share on its Class A Common Stock, and $0.80 per share on its Class B Common Stock. Dividends are payable on January 1, 2025, to stockholders of record at the close of business on December 16, 2024. About Greif, Inc. Greif is a global leader in industrial pack Greif (GEF) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Evaluate the expected performance of Greif (GEF) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. Performance Overview Trailing total returns as of 12/26/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return GEF S&P 500 YTD -2.56% +26.58% 1-Year -3.29% +26.98% 3-Year +18.76% +27.76%