Today's Trend
Greif, Inc. (NYSE: GEF) received mixed earnings-estimate revisions from Zacks Research, which may be contributing to pressure on the shares despite several upward forecast changes.
- Zacks raised its FY2026 EPS estimate to $4.31 from $3.84, above the current-year consensus of $4.18. The firm also increased its FY2028 forecast to $4.65 from $4.48, Q1 2028 to $0.73 from $0.53, Q2 2027 to $1.08 from $1.06 and Q3 2027 to $1.43 from $1.41. These changes suggest improved expectations for several future periods.
- Zacks lifted its Q3 2028 EPS estimate to $1.45 from $1.28, reinforcing the firm’s longer-term earnings optimism.
- Zacks maintained a “Hold” rating on Greif, indicating that the revised forecasts have not yet changed the firm’s overall investment view.
- The revisions were weaker for nearer- and mid-term periods: FY2027 EPS was cut to $4.15 from $4.45, Q4 2026 to $1.12 from $1.18, Q1 2027 to $0.72 from $0.73 and Q2 2028 to $1.05 from $1.18. The largest reduction was to Q4 2027 EPS, lowered to $0.91 from $1.24.
Overall, the news is mixed but leans cautiously negative because several estimates for upcoming quarters and FY2027 were reduced, potentially raising concerns about near-term earnings momentum. Greif recently reported stronger-than-expected quarterly results, including $1.61 in EPS versus an $1.11 consensus estimate and 3.5% year-over-year revenue growth. However, with the stock trading near its 52-week high and at approximately 27 times earnings, investors may be particularly sensitive to any downward revisions.