Greif Continues To Expect FY24 Adjusted EBITDA Of $675M - $725M, Adjusted Free Cash Flow Of $175M - $225M
Portfolio Pulse from Benzinga Newsdesk
Greif, Inc. maintains its financial outlook for fiscal year 2024, expecting adjusted EBITDA between $675 million and $725 million, and adjusted free cash flow between $175 million and $225 million.
August 28, 2024 | 8:36 pm
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Greif, Inc. reaffirms its FY24 financial outlook, projecting adjusted EBITDA of $675M-$725M and free cash flow of $175M-$225M, indicating stable financial expectations.
The reaffirmation of financial guidance suggests stability in Greif's financial performance, which is likely to maintain investor confidence. However, as there is no change in the outlook, the immediate stock price impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100