Greif (GEF) Set to Announce Earnings on Wednesday

Greif (NYSE:GEF) is scheduled to release its earnings data after the market closes on Wednesday, December 5th. Analysts expect Greif to post earnings of $1.18 per share for the quarter.

Shares of GEF stock opened at $51.27 on Monday. The company has a current ratio of 1.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.88. Greif has a 12 month low of $44.66 and a 12 month high of $65.60. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 17.38, a PEG ratio of 1.52 and a beta of 1.28.

A number of brokerages have commented on GEF. Zacks Investment Research downgraded shares of Greif from a “hold” rating to a “sell” rating in a research note on Thursday, August 23rd. Wells Fargo & Co set a $65.00 price target on shares of Greif and gave the company a “buy” rating in a research note on Thursday, October 18th. Finally, KeyCorp reissued a “sell” rating and issued a $50.00 price target on shares of Greif in a research note on Thursday, August 30th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. Greif presently has an average rating of “Hold” and an average price target of $62.43.

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About Greif

Greif, Inc produces and sells industrial packaging products and services worldwide. It operates in four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

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Earnings History for Greif (NYSE:GEF)

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