NYSE$GEF

Greif Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Greif reported a decrease in net income but an increase in adjusted free cash flow for Q4 2020.

Greif's Q4 2020 results showed a decrease in net income compared to Q4 2019, but an increase in net cash provided by operating activities and adjusted free cash flow. The company highlighted its focus on customer service and operational execution amidst the COVID-19 pandemic.

  • Net income decreased to $44.4 million, or $0.74 per diluted Class A share.
  • Net cash provided by operating activities increased to $200.4 million.
  • Adjusted free cash flow increased to $173.9 million.
  • The company was awarded a Gold Rating in sustainability performance for the third consecutive year by EcoVadis.

Headline financials

Total Revenue

$1.16B

Previous: $1.23B-5.8%
EPS (adj)

$0.78

Previous: $1.24-37.1%
Free Cash Flow

$168M

No prior period
Net Income

$44.4M

No prior period
Operating Income

$91.8M

No prior period
Cash & Equivalents

$106M

No prior period
Total Assets

$5.51B

No prior period

Revenue & EPS history

Greif · Revenue · Quarterly

$1.16B

Q4 2020-5.8%vs Q4 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The Company is introducing a quarterly outlook given the continued market unpredictability caused by the COVID-19 pandemic. The Company will revert to annual guidance once the duration and economic impact of the pandemic is better understood.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.1%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-0.8%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+18.4%

Q4 2017

Best reaction

-14.6%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+2.4%+4.6%-3.1%
Q1 2026-1.0%+5.0%-2.2%
Q4 2025+0.8%+4.6%+14.2%
Q2 2025+15.0%+16.6%+26.6%
Q1 2025-8.4%-9.5%-9.1%
Q4 2024-1.9%-4.3%-14.3%
Q3 2024-2.0%-1.1%-1.4%
Q2 2024-3.0%-4.2%-10.6%
Q1 2024+4.1%+2.1%+11.5%
Q4 2023-4.1%-9.4%-8.6%
Q3 2023-1.6%-1.5%-9.4%
Q2 2023+12.4%+15.6%+9.3%
Q1 2023-7.0%-8.3%-10.8%
Q4 2022-3.3%-2.6%-4.3%
Q3 2022-4.3%-1.8%-13.0%
Q2 2022+3.7%-2.9%-2.3%
Q1 2022+8.1%+4.9%+17.0%
Q4 2021+0.3%-5.4%-4.5%
Q3 2021+4.1%+8.0%+4.2%
Q2 2021+2.5%+2.2%-1.2%
Q1 2021+3.8%+9.8%+25.8%
Q4 2020-5.7%-8.6%+0.1%
Q3 2020-7.8%-5.2%-7.5%
Q2 2020+12.1%+22.6%+2.8%
Q1 2020-7.8%-5.0%-19.6%
Q4 2019+0.4%+3.7%+1.6%
Q3 2019+15.8%+11.3%+20.3%
Q2 2019-12.2%-10.3%-12.6%
Q1 2019-5.4%-2.7%-2.9%
Q4 2018-9.8%-10.6%-24.4%
Q3 2018+3.7%+0.3%-2.5%
Q2 2018-6.2%-4.3%-13.0%
Q1 2018-14.6%-13.7%-10.6%
Q4 2017+18.4%+14.7%+12.6%
Q3 2017+6.8%+3.5%+3.4%
Q2 2017-6.9%-8.0%-3.9%
Q1 2017-6.7%-2.9%-3.4%
Q4 2016+3.3%+4.6%-2.7%
Q3 2016+5.4%+7.2%+15.3%
Q2 2016+8.0%+5.5%+1.8%
Q1 2016-0.2%
Q4 2015+7.1%
Q3 2015+15.0%
Q2 2015+1.2%
Q1 2015-14.1%
Q4 2014-4.4%
Q3 2014-0.7%
Q2 2014-1.5%
Q1 2014-0.2%
Q4 2013-6.0%
Q3 2013-3.8%
Q2 2013+3.5%
Q1 2013+0.6%
Q4 2012-1.3%
Q3 2012+1.6%
Q2 2012-3.7%
Q1 2012-0.4%
Q4 2011-0.9%
Q3 2011-1.0%
Q2 2011+1.7%
Q1 2011+0.0%
Q4 2010+1.4%
Q3 2010-0.1%
Q2 2010+3.4%
Q1 2009+0.8%

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