Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Greif Class B (GEF.B)
NYSE:GEF.B
Holding GEF.B?
Track your performance easily
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
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Dec 04, 2024
|% Change Since: 12.83%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced outlook with significant advancements in strategic initiatives and strong customer engagement, countered by ongoing challenges due to prolonged industrial contraction and specific market segment struggles.Company Guidance
During the Greif Fourth Quarter 2024 Earnings Call, the executives provided guidance for fiscal year 2025, emphasizing the company's strategic focus and anticipated financial performance. Greif aims for a $100 million cost reduction by the end of fiscal 2027, achieved through SG&A rationalization, network optimization, and efficiency gains. The fiscal 2025 guidance includes adjusted EBITDA of $675 million on an 11-month basis, reflecting price-cost uplift of $83 million, $19 million from M&A activities, and an organic volume uplift of $76 million. However, headwinds such as a $19 million FX impact, $34 million in increased SG&A costs, and $86 million in manufacturing and transportation expenses were also considered. The company remains optimistic about growth prospects, particularly in polymer-based products, and plans to provide further details at the upcoming Investor Day.Error Correction in Q4 Earnings
An error was identified and corrected in the Q4 earnings release, which improved the Q4 net income figures from $49.6 million to $65.5 million, and diluted Class A earnings per share from $0.85 to $1.13.
Build to Last Strategy Progress
Over $1 billion of capital allocated to margin and growth accretive acquisitions, with business optimization efforts expected to yield at least $100 million of cost reductions by fiscal 2027.
Strong Performance in EMEA
EMEA remained the strongest region in Q4 despite a slight sequential volume decline, attributed to business model optimization driving increased demand in Polymer and Metals.
Positive Customer Engagement
Achieved a Net Promoter Score of 69, well above the world-class benchmark of 51 in the manufacturing industry, indicating strong customer loyalty.
---
GEF.B 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
---
GEF.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $74.70 | $73.40 | -1.74% |
| Aug 28, 2024 | $66.44 | $65.15 | -1.94% |
| Jun 05, 2024 | $61.46 | $60.34 | -1.82% |
| Feb 28, 2024 | $58.40 | $61.05 | +4.54% |
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.
---
FAQ
When does Greif Class B (GEF.B) report earnings?
Greif Class B (GEF.B) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Greif Class B (GEF.B) earnings time?
Greif Class B (GEF.B) 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.B EPS forecast?
GEF.B EPS forecast for the fiscal quarter 2025 (Q1) is $0.75.
---