earnings
confidence high
sentiment positive
materiality 0.85
Greif Q3 net income up 157% to $78.8M; raises dividend 10.7%
GREIF, INC
- Net income from continuing ops $78.8M ($1.37/diluted share), up 156.7% YoY; adjusted EPS $1.61, up 87%.
- Adjusted EBITDA $183.4M, up 24.7%; leverage ratio improved to 1.1x from 3.1x.
- Quarterly dividend increased 10.7%; share repurchase plan announced.
- Cost optimization achieved $90M cumulative run-rate savings; reaffirmed $120M target by FY2027.
- Completed bolt-on acquisition of Envaplast on June 2, 2026.