Greif Bros. (NYSE:GEF.B – Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $2.46 earnings per share (EPS) for the quarter, Zacks reports. Greif Bros. had a return on equity of 14.04% and a net margin of 7.53%.The business had revenue of $1.17 billion during the quarter.
Greif Bros. Stock Up 2.3%
Shares of NYSE:GEF.B opened at $108.44 on Thursday. The company’s fifty day moving average is $87.82 and its 200-day moving average is $86.01. The company has a market capitalization of $5.00 billion, a PE ratio of 50.91 and a beta of 0.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. Greif Bros. has a 52 week low of $57.63 and a 52 week high of $109.54.
About Greif Bros.
Greif, Inc (NYSE: GEF.B) is a global industrial packaging company with roots tracing back to its founding by the Greif brothers in 1877. Over more than a century of operation, the company has evolved from a regional barrel maker into a diversified supplier of industrial packaging products and services. Headquartered in the United States, Greif combines a long heritage of manufacturing expertise with a strategic focus on innovation and sustainability.
The company’s core offerings span a broad range of packaging solutions.
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