earnings
confidence high
sentiment positive
materiality 0.80
Greif Q1 adjusted EBITDA up 24%; $130M share buybacks; reaffirms FY 2026 guidance
GREIF, INC
- Net income from continuing ops $176.6M vs $6.6M; adjusted EPS $0.48 vs $0.20, up 146%.
- Adjusted EBITDA rose 24% to $122.5M; $65M run-rate cost savings achieved.
- Repurchased $130M of shares in Q1; board authorized additional $300M buyback.
- Leverage ratio fell to 1.2x from 3.6x after debt repayment from $1.8B containerboard sale.
- Reaffirms FY 2026 outlook: Adj. EBITDA $630M and Adj. FCF $315M.