Greif Inc. (GEF) PT Raised to $66 at BofA/Merrill Lynch
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Greif (GEF) Misses Q2 Class A EPS by 9c, Slight Miss on Revenues; Boosts FY18 Guidance
June 6, 2018 4:20 PM EDTGreif (NYSE: GEF) reported Q2 EPS of $0.76, $0.09 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $968.3 million versus the consensus estimate of $970.72 million.
Second Quarter Highlights include (all results compared to the second quarter of 2017 unless otherwise noted):
Net sales increased by $80.9 million to $968.3 million.Gross profit increased by $13.4 million to $195.3 million, despite being adversely impacted by an increase in transportation costs of $7.0... More