---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-23-000018"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:44:53.549434+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greif Q1 adjusted EPS falls to $1.06 from $1.28; announces $145M Centurion acquisition

## Summary
- GAAP net income $89.9M ($1.54/sh) vs $10.3M ($0.18) YoY; adjusted net income $61.9M ($1.06) vs $75.6M ($1.28).
- Adjusted EBITDA $164.5M, down $32.3M from $196.8M YoY; leverage ratio 2.11x within target range.
- Completed Lee Container acquisition; integration ahead of schedule with expected synergies of at least $6M.
- Announced definitive agreement to increase Centurion Container ownership to 80% for $145M cash.

## SEC filing metadata
- accession: 0000043920-23-000018
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392023000018/0000043920-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392023000018/gef-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-23-000018
- JSON: https://secwatch.observer/filing/0000043920-23-000018.json
- Plain text: https://secwatch.observer/filing/0000043920-23-000018.txt

## Key facts
- Earnings Releases
  GREIF, INC reported first quarter ended January 31, 2023 results: net income $89.9 million, EPS $1.54 per diluted Class A share.
  - Period: first quarter ended January 31, 2023
  - Net income: $89.9 million
  - EPS: $1.54 per diluted Class A share
  - Result: reported results
  source text: Net income of $89.9 million or $1.54 per diluted Class A share
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000018/0000043920-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.