Greif Q1 Earnings Miss Estimates, Revenues Increase 5% Y/Y
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Greif's Q1 earnings missed estimates due to higher raw material costs and increased selling, general, and administrative expenses. However, the company saw a 5% year-over-year increase in revenues.
February 27, 2025 | 5:30 pm
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Greif's Q1 earnings missed estimates due to higher costs, but revenues increased by 5% year-over-year.
The earnings miss is likely to negatively impact Greif's stock price in the short term, as investors may react to the higher costs and missed estimates. However, the revenue increase could mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100