GEF - Greif Analysts Increase Their Forecasts After Q2 Results | Benzinga
Greif, Inc. (NYSE:GEF) reported mixed results for its second quarter on Thursday.
Greif posted adjusted earnings of 82 cents per share, missing market estimates of 85 cents per share. The company's quarterly sales came in at $1.371 billion versus expectations of $1.300 billion, according to data from Benzinga Pro.
“We are excited to present another quarter of solid progress on our Build to Last Strategy, including completing our Ipackchem acquisition and achieving multiple other milestones on our Build to Last missions,” stated Ole Rosgaard, Chief Executive Officer of Greif. “These missions, enabled by operating excellence, are structurally improving our operating efficiency, creating significant operating leverage ...