UPDATE: Greif (GEF) Reports In-Line Q3 EPS, Updates FY Guidance

Greif (NYSE: GEF) reported Q3 EPS of $0.85, in-line with the analyst estimate of $0.85. Revenue for the quarter came in at $961.8 million versus the consensus estimate of $901.76 million.

• Modified the guidance range for fiscal year 2017 Class A earnings per share before special items3 to $2.81 - $2.95 per share, due to ongoing competitive pressures in Asia Pacific, timing of raw material price adjustment mechanisms in customer contracts and our current assessment of a $2.5 million headwind impact related to Hurricane Harvey.

(Street sees FY EPS of $2.89)

For earnings history and earnings-related data on Greif (GEF) click here.

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