Greif Q2 Sales $1.371B Beat $1.300B Estimate
Portfolio Pulse from Benzinga Newsdesk
Greif (NYSE:GEF) reported Q2 sales of $1.371 billion, surpassing the analyst consensus estimate of $1.300 billion by 5.47%. This marks a 4.74% increase from the same period last year.
June 05, 2024 | 8:07 pm
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Greif reported Q2 sales of $1.371 billion, beating the analyst estimate of $1.300 billion by 5.47%. This also represents a 4.74% increase from the same period last year.
The better-than-expected sales figures and year-over-year growth are likely to positively impact Greif's stock price in the short term. Beating analyst estimates typically boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100