On Wednesday, August 26, Greif (NYSE: GEF) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Wall Street analysts see Greif reporting earnings of $0.85 per share on revenue of $1.13 billion. Greif reported a per-share profit of $1.26 when it published results during the same quarter last year. Sales in that period totaled $1.25 billion. If the company were to match the consensus estimate, earnings per share would be down 32.54%.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.55 | 1.08 | 1.18 |
| EPS Actual | 0.95 | 0.64 | 1.24 | 1.26 |
| Revenue Estimate | 1.16 B | 1.16 B | 1.26 B | 1.34 B |
| Revenue Actual | 1.16 B | 1.11 B | 1.23 B | 1.25 B |
Stock Performance
Over the last 52-week period, shares are up 21.89%.
Considering these returns, shareholders will likely be feeling unsatisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Greif is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://www.directeventreg.com/der/toRegistration.action
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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