Greif (GEF) Tops Q4 EPS by 27c

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Go back to Greif (GEF) Tops Q4 EPS by 27c

Greif Reports Fourth Quarter 2015 Results

December 10, 2015 6:30 AM EST

DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today reported fourth quarter 2015 net income attributable to the corporation totaling $12.4 million or $0.21 per diluted Class A share on sales of $868.5 million compared with net income of $8.7 million or $0.15 per diluted Class A share on sales of $1,048.1 million in the fourth quarter of 2014. After adjusting for the effect of divestitures for both quarters and currency translation for the fourth quarter 20151, sales were 2.0 percent lower for the quarter when compared to the fourth quarter of 2014. The reduction was due to... More