Greif: Fiscal Q2 Earnings Snapshot
Posted June 9, 2021 4:53 pm.
Last Updated June 9, 2021 6:15 pm.
DELAWARE, Ohio (AP) _ Greif Inc. (GEF.B) on Wednesday reported fiscal second-quarter net income of $149.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Delaware, Ohio-based company said it had profit of $2.51. Earnings, adjusted for one-time gains and costs, were $1.13 per share.
The industrial packaging company posted revenue of $1.34 billion in the period.
Greif expects full-year earnings in the range of $4.55 to $4.85 per share.
Greif shares have increased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $58.57, a climb of 36% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEF.B at https://www.zacks.com/ap/GEF.B
The Associated Press
