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Greif (GEF) Stock Declines 7% in a Month: Factors to Note
GEFGreif(GEF) ZACKS·2024-06-29 01:20

Due to this performance, the company's shares have lost 7% in the past month compared with the industry's 1.5% decline. High Costs Offset Volume Improvements in Q2 Greif witnessed a slight improvement in volumes in the fiscal second quarter in both segments, with a 1.7% rise in Global Industrial Packaging and 2.2% in Paper Packaging Services. This led to a 4.7% rise in total revenues for the April-ended quarter. Notably, Greif had been witnessing a decline in adjusted earnings since the fourth quarter of fi ...