Greif (GEF) Tops Q3 EPS by 12c, Raises FY Guidance

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Greif Reports Third Quarter 2018 Results

August 29, 2018 4:17 PM EDT

DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced third quarter 2018 results.

Third Quarter Highlights include (all results compared to the third quarter of 2017 unless otherwise noted):

Net sales increased by $50.3 million to $1,012.1 million. Gross profit increased by $30.0 million to $217.1 million. Operating profit increased by $23.5 million to $114.0 million and operating profit before special items1 increased by $23.2 million to $117.7 million. Net income of $67.7 million or $1.15 per... More