secwatch.observer — SEC 8-K summary
======================================

Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0000043920-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif Q3 net income down 3.5% to $87.1M; adjusted EPS falls 41.6% to $1.03
--------------------------------------------------------------------------

- Net income $87.1M ($1.50 diluted EPS), down 3.5% YoY; adjusted net income $59.6M ($1.03), down 41.6%.
- Adjusted EBITDA $193.7M, down 14.5%; leverage ratio rose to 3.66x from 2.17x a year ago.
- Completed divestment of Delta Petroleum July 31; proceeds used to reduce debt.
- Quarterly dividend increased: Class A +2¢, Class B +3¢; Investor Day set for Dec 11, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392024000045/0000043920-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392024000045/gef-20240903.htm
  HTML page:      https://secwatch.observer/filing/0000043920-24-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer