Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An update from Greif Class A ( (GEF) ) is now available.
Greif, Inc. held a conference call to discuss its fourth-quarter and fiscal year 2024 financial results, revealing an error in the initial earnings release, which has since been corrected. The company announced an operating model optimization, aligning operations by material solutions, and plans for a $100 million cost reduction initiative by the end of fiscal 2027, driven by strategic progress and innovation. Despite a prolonged industrial contraction, Greif continues to outperform market expectations in EMEA, primarily due to its business model optimization and cross-selling opportunities.
More about Greif Class A
Greif, Inc. operates in the industrial packaging industry, offering products such as customized polymer solutions, durable metal solutions, sustainable fiber solutions, and integrated solutions. The company focuses on leveraging its competitive advantages through a global network of facilities, subject matter expertise, and innovation to enhance customer service and expand margins.
YTD Price Performance: 6.56%
Average Trading Volume: 176,371
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.34B
For an in-depth examination of GEF stock, go to TipRanks’ Stock Analysis page.
