Greif reports Q1 ex-items EPS $1.27, may not compare to consensus 47c

Reports Q1 revenue $1.21B, consensus $1.28B. “Greif once again has produced solid financial results in a challenging operating environment,” said Ole Rosgaard, CEO of Greif. “Our team continues to navigate this extended slow demand environment, while making structural improvements to the business under our Build to Last Strategy. We will continue to focus on controlling what we can control while we invest for the future as we approach closing the Ipackchem acquisition and advance other exciting strategic initiatives.”