Greif Inc. (NYSE:GEF) shares are trading higher after the company reported better-than-expected second-quarter adjusted earnings per share and sales results. The company also issued full-year 2022 adjusted earnings per share guidance above analyst estimates.
Greif reported quarterly earnings of $2.41 per share which beat the analyst consensus estimate of $1.71 and sales results of $1.67 billion which beat the analyst consensus estimate of $1.51 billion.
