Greif (GEF) Announces Quarterly Earnings, Misses Estimates By $0.02 EPS
Greif (NYSE:GEF) posted its quarterly earnings results on Wednesday. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.02, AnalystRatings.NET reports. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion.
Greif (NYSE:GEF) traded down 1.00% during mid-day trading on Wednesday, hitting $54.50. 110,304 shares of the company’s stock traded hands. Greif has a one year low of $47.76 and a one year high of $58.27. The stock has a 50-day moving average of $54.01 and a 200-day moving average of $52.52. The company has a market cap of $2.597 billion and a price-to-earnings ratio of 17.10.
Greif, Inc is a producer of industrial packaging products and services with manufacturing facilities located in over 50 countries.
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