Greif Bros. (NYSE:GEF.B – Get Free Report) posted its quarterly earnings results on Tuesday. The industrial products company reported $1.28 EPS for the quarter, Zacks reports. Greif Bros. had a return on equity of 12.94% and a net margin of 5.91%. The firm had revenue of $1.14 billion during the quarter.
Greif Bros. Trading Down 4.5%
Shares of NYSE GEF.B opened at $106.82 on Thursday. Greif Bros. has a 52 week low of $58.62 and a 52 week high of $117.33. The business has a 50-day simple moving average of $109.19 and a two-hundred day simple moving average of $94.22. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.29.
About Greif Bros.
Greif, Inc, formerly known as Greif Bros. Corporation, is a global producer of industrial and paper-based packaging. Founded in 1877 as a cooperage business, the company has expanded from manufacturing wooden barrels into a diversified packaging organization serving customers in a range of industries.
Greif’s products include steel, fiber and plastic drums; intermediate bulk containers; containerboard and corrugated products; paper sacks; and other specialty and protective packaging. The company also provides packaging-related services, including container reconditioning, recycling and logistics support.
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