Greif: Fiscal Q1 Earnings Snapshot
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DELAWARE, Ohio (AP) — DELAWARE, Ohio (AP) — Greif Inc. (GEF) on Wednesday reported fiscal first-quarter profit of $67.2 million.
The Delaware, Ohio-based company said it had profit of $1.17 per share. Earnings, adjusted for non-recurring costs, were $1.27 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The industrial packaging company posted revenue of $1.21 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEF at https://www.zacks.com/ap/GEF
