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Stock under Consideration: Greif Inc. (NYSE: GEF)

DELAWARE, Ohio, November 25, 2019 – Shares of Greif Inc. (NYSE: GEF) inclined 1.64% to $41.62. The stock traded total volume of 149.550K shares lower than the average volume of 180.04K shares.

Greif, Inc. (NYSE: GEF, GEF.B) posted revenues of $1.25B for the quarter ended July 2019, missing the Zacks Consensus Estimate by 6.65%. This compares to year-ago revenues of $1.01B. The company has not been able to beat consensus revenue estimates over the last four quarters. The company came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.78%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.79 per share when it actually produced earnings of $0.81, delivering a surprise of 2.53%.

GEF has the market capitalization of $2.26B and its EPS growth ratio for the past five years was 5.40%. The return on assets ratio of the Company was 3.30% while its return on investment ratio stands at 13.70%. Price to sales ratio was 0.52 while 87.80% of the stock was owned by institutional investors.