Greif Q2 net income falls to $111.2M ($1.90 EPS) from $125.1M; adjusted EBITDA down 9%

GREIF, INC

Net income $111.2M ($1.90 diluted EPS) vs $125.1M ($2.09) a year ago; adjusted EPS $1.77 vs $2.41.
Adjusted EBITDA $228.6M, down $22.4M from $251.0M; net cash from operations up $71.6M to $210.8M.
Completed 80% stake in Centurion Container for $145.0M cash; total debt rose to $2,289.2M.
Signed $300.0M senior secured credit agreement with CoBank, refinancing revolver borrowings.
Free cash flow record high of $185.5M; leverage ratio 2.25x within 2.0x–2.5x target.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GREIF, INC reported second quarter ended April 30, 2023 results: net income $111.2 million, EPS $1.90 per diluted Class A share.

Period: second quarter ended April 30, 2023
Net income: $111.2 million
EPS: $1.90 per diluted Class A share
Result: reported results

Exact text from the filing

• Net income of $111.2 million or $1.90 per diluted Class A share decreased compared to net income of $125.1 million or $2.09 per diluted Class A share.

View on SEC.gov

24 earnings releases filed in the last 30 days. Browse all earnings releases →

GREIF, INC filing history →

Source: SEC EDGAR

accession 0000043920-23-000035

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.