Greif: Fiscal 3Q Earnings Snapshot
DELAWARE, Ohio (AP) _ Greif Inc. (GEF.B) on Wednesday reported fiscal third-quarter earnings of $62.7 million.
On a per-share basis, the Delaware, Ohio-based company said it had net income of $1.06. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.26 per share.
The industrial packaging company posted revenue of $1.25 billion in the period.
Greif expects full-year earnings in the range of $3.70 to $4 per share.
Greif shares have fallen 9.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.20, a fall of 32% in the last 12 months.