Greif Inc. (GEF) Misses Q3 EPS by 15c, Slashes FY11 Guidance

August 31, 2011 4:13 PM EDT
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Price: $82.32 -1.58%

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Net income: 46.4M

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Greif Inc. (NYSE: GEF) reported Q3 adjusted EPS of $1.18, $0.15 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.11 billion.

Greif Inc. sees FY2011 EPS of $4.15-$4.30, versus the consensus of $4.73. The company previously guided to $4.50-$4.75.


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