Greif Bros. (NYSE:GEF.B – Get Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported $2.46 earnings per share for the quarter, Zacks reports. Greif Bros. had a net margin of 7.27% and a return on equity of 13.52%. The business had revenue of $1.17 billion during the quarter.
Greif Bros. Stock Up 5.3%
GEF.B stock opened at $105.77 on Wednesday. The company has a 50 day moving average price of $87.23 and a two-hundred day moving average price of $85.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.00 and a current ratio of 1.28. The stock has a market capitalization of $4.88 billion, a P/E ratio of 49.66 and a beta of 0.59. Greif Bros. has a one year low of $57.63 and a one year high of $106.67.
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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