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Greif Class A (GEF)
NYSE:GEF
Holding GEF?
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.75Last Year’s EPS
$1.27Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 04, 2024
|% Change Since: 12.72%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant operational improvements and strategic initiatives aimed at cost reduction and growth. However, concerns about prolonged industrial contraction, challenges in the North American market, and high leverage levels tempered the positive developments. The anticipation of market recovery and cost optimization benefits provide a cautiously optimistic outlook.Company Guidance
During the Greif Fourth Quarter 2024 Earnings Call, the company provided several key metrics and guidance for the upcoming fiscal year. Despite a challenging industrial environment marked by a 25-month contraction, Greif reported fourth-quarter adjusted EBITDA of $198 million, slightly down from $202 million the previous year, and adjusted free cash flow of $145 million. The company also addressed a correction in its net income figures, adjusting them to $65.5 million and $1.13 per share. For fiscal 2025, Greif set a low-end EBITDA guidance of $675 million, calculated on an 11-month basis due to a fiscal year change, with expected organic volume uplift contributing $76 million. Additionally, the company announced a $100 million cost optimization initiative to be completed by the end of fiscal 2027, focusing on SG&A rationalization and operating efficiency gains.Correction in Earnings Release
The corrected Q4 net income was $65.5 million and diluted Class A earnings per share was $1.13, an improvement from the initially reported $49.6 million and $0.85 per share.
Operating Model Optimization
Greif has reorganized into four material solutions segments to leverage competitive advantages, aiming for $100 million in cost reductions by fiscal 2027.
Strong Performance in EMEA
Despite a pessimistic global sentiment, the EMEA region outperformed market expectations, driven by business model optimization.
Adjusted Free Cash Flow Increase
Fourth-quarter adjusted free cash flow increased to $145 million from $136 million last year.
Build-to-Last Strategy
Over $1 billion allocated to margin and growth accretive acquisitions, with expected significant synergies.
Investor Day Announcement
Upcoming Investor Day in New York City to highlight growth expectations and strategic plans.
Favorable OCC Changes
Anticipated improvement in margins in the sustainable Fiber Solutions segment due to recognized paper pricing and favorable OCC changes.
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GEF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GEF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $70.92 | $69.32 | -2.26% |
| Aug 28, 2024 | $62.66 | $60.88 | -2.84% |
| Jun 05, 2024 | $61.45 | $59.84 | -2.62% |
| Feb 28, 2024 | $58.94 | $62.33 | +5.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Greif Class A (GEF) report earnings?
Greif Class A (GEF) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Greif Class A (GEF) earnings time?
Greif Class A (GEF) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEF EPS forecast?
GEF EPS forecast for the fiscal quarter 2025 (Q1) is $0.75.
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