DELAWARE, Ohio (AP) — DELAWARE, Ohio (AP) — Greif Inc. (GEF) on Wednesday reported fiscal first-quarter profit of $67.2 million.
The Delaware, Ohio-based company said it had profit of $1.17 per share. Earnings, adjusted for non-recurring costs, were $1.27 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
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The industrial packaging company posted revenue of $1.21 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEF at https://www.zacks.com/ap/GEF