DELAWARE, Ohio (AP) — DELAWARE, Ohio (AP) — Greif Inc. (GEF) on Wednesday reported fiscal second-quarter profit of $111.2 million.
On a per-share basis, the Delaware, Ohio-based company said it had profit of $1.90. Earnings, adjusted for one-time gains and costs, were $1.77 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The industrial packaging company posted revenue of $1.31 billion in the period.
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