It has been about a month since the last earnings report for Greif (GEF). Shares have added about 9.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Greif due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates review flatlined during the past month.
VGM Scores
Currently, Greif has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Greif has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.
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Greif, Inc. (GEF) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The positive turn in Grief (GEF) stock price after its last earnings report can largely be attributed to the company's improved financial performances and strong outlook for future growth, demonstrating investor confidence even amidst an unpredictable market landscape.
The recent 9.5% surge in Grief (GEF) stocks since its last earnings report can largely be attributed to the impressive revenue growth and solid profitability figures it reported, outperforming market expectations."
The sharp 9.5% increase in Grief (GEF) after its last earnings report is attributed primarily to strong beating of expectations coupled with a solid business outlook, indicating positive investor confidence and potential for future growth opportunities."
The 9.5% increase in GEF following its latest earnings report can be attributed to the impressive financial performance, solid growth prospects highlighted by firm guidance for future quarters.
The 9.5% surge in the Grief (GEF) stock since their last earnings report points to a robust financial performance and market anticipation of continued growth, which is commendable given its strong year-over years' first quarter results.
