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Greif: Fiscal 4Q Earnings Snapshot

Associated Press
Updated

DELAWARE, Ohio (AP) _ Greif Inc. (GEF.B) on Wednesday reported fiscal fourth-quarter earnings of $65 million.

The Delaware, Ohio-based company said it had profit of $1.09 per share. Earnings, adjusted for non-recurring costs, came to $1.24 per share.

The industrial packaging company posted revenue of $1.23 billion in the period.

For the year, the company reported profit of $65 million, or $1.09 per share. Revenue was reported as $1.23 billion.

Greif shares have increased 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $53, a climb of slightly more than 3% in the last 12 months.

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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.B at https://www.zacks.com/ap/GEF.B