Get ready to mark your calendars because the much anticipated third quarter financial results of Greif (NYSE: GEF) are set to be unveiled on Wednesday 28th August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
Wall Street financial experts are forecasting that the enterprise will announce an expected $1.15 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $1.43 billion for this specific period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $1.75. This numbers can be credited to the company's total revenue, which amounted to an impressive $1.33 billion during the same quarter.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $5.44 billion. Furthermore, they are predicting profit of $4.46 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $0.82 | -53.7% | 1.37 B | +4.7% |
| Q1 2024 | $1.27 | +19.8% | 1.21 B | -5.1% |
| Q4 2023 | $1.56 | -14.8% | 1.31 B | -12.6% |
| Q3 2023 | $1.75 | -25.5% | 1.33 B | -18.0% |
*Growth on year-over-year basis
GEF has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Greif (GEF) shares reached a low of $62.40 and a high of $64.27, along with a total volume of 102.20 thousand shares. The stock ended the regular trading session at $63.78, reflecting a rise of 2.97 percent.