Greif Q1 adjusted EPS $1.28, record EBITDA; divests FPS JV for $123M; raises FY22 guidance

GREIF, INC

Net income $10.3M ($0.18 GAAP EPS) vs $23.4M; adjusted net income $75.6M ($1.28) up from $0.61.
Adjusted EBITDA record $196.8M, up $58.3M YoY; leverage ratio improved to 2.39x from 3.79x.
Agreed to sell 50% stake in Flexible Products & Services JV to Gulf Refined Packaging for $123M; close by March 31.
Redeemed $500M 6.5% senior notes; refinanced credit facilities with ESG-linked pricing; ~$15M annual interest savings.
Fiscal 2022 guidance raised due to strong start and positive outlook.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.