Greif Bros. (NYSE:GEF.B) Releases Quarterly Earnings Results

Greif Bros. (NYSE:GEF.B) posted its earnings results on Tuesday. The industrial products company reported $1.28 EPS for the quarter, Zacks reports. Greif Bros. had a net margin of 7.53% and a return on equity of 13.66%.

Greif Bros. Stock Performance

Shares of GEF.B traded down $1.53 on Tuesday, reaching $112.85. 71,264 shares of the company’s stock traded hands, compared to its average volume of 59,318. The stock’s 50 day simple moving average is $109.15 and its two-hundred day simple moving average is $93.96. The stock has a market cap of $5.21 billion, a PE ratio of 31.70 and a beta of 0.62. Greif Bros. has a 52-week low of $58.36 and a 52-week high of $117.33. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.23.

Greif Bros. Company Profile

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.