Greif (GEF) Tops Q2 EPS by 4c; Cuts FY15 EPS Outlook
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Greif Reports Second Quarter 2015 Results
June 9, 2015 8:01 AM EDTDELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today reported second quarter 2015 net income attributable to the corporation totaling $20.8 million or $0.35 per diluted Class A share on sales of $915.9 million compared with net income of $38.4 million or $0.65 per diluted Class A share on sales of $1,065.5 million in the second quarter of 2014. After adjusting for the effect of divestitures and currency translation, sales for the quarter were flat compared to the second quarter of 2014. Excluding the impact of special items1, earnings were $0.53 per diluted Class A share compared to... More
