Key Developments: Greif Inc (GEFb.N)
56.08USD
17 May 2013
$0.66 (+1.19%)
$55.42
$55.85
$56.08
$55.85
400
1,326
$57.44
$42.15
Latest Key Developments (Source: Significant Developments)
Greif Inc Reaffirms FY 2013 EBITDA Guidance-Conference Call
Greif Inc announced that it is on track to achieve previously stated fiscal 2013 guidance for EBITDA of $450 million to $500 million. Full Article
Greif Inc Announces First Quarter 2013 Dividends
Greif Inc announced that it has declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.63 per share of Class B Common Stock. The dividends are payable on April 1, 2013 to shareholders of record at close of business on March 18, 2013. Full Article
Greif Inc Closes On Amended $1 Billion Of Senior Secured Credit Facilities
Greif Inc and two subsidiaries amended and restated the Company`s existing $1.0 billion senior secured credit facilities with a syndicate of financial institutions on December 19, 2012. The amended credit facilities provide the Company with an $800 million revolving multicurrency credit facility and a $200 million term loan, both expiring in December 2017, with an option to add $250 million to the facilities with the agreement of the lenders. The new facilities, which include lower pricing and improved covenants, amend the existing $1.0 billion senior secured credit facilities scheduled to expire in October 2015. The revolving credit facility is available to fund ongoing working capital needs and general corporate purposes, and to finance permitted acquisitions. The joint lead arrangers and joint bookrunners are Merrill Lynch, Pierce, Fenner & Smith Incorporated; J.P. Morgan Securities LLC; and Wells Fargo Securities LLC. Full Article
Greif Inc Issues FY 2013 EBITDA Guidance Below Analysts' Estimates
Greif Inc announced that for fiscal 2013, it expects EBITDA to be between $450 million and $500 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $517 million for fiscal 2013. Full Article
Greif Inc Announces Fourth Quarter 2012 Dividends
Greif Inc announced that the Board of Directors declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.62 per share of Class B Common Stock. The dividends are payable on December 26, 2012 to shareholders of record at close of business on December 14, 2012. Full Article
Greif Inc Declares Third Quarter 2012 Dividends
Greif Inc announced that the Board of Directors declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.63 per share of Class B Common Stock. The dividends are payable on October 1, 2012 to shareholders of record at close of business on September 20, 2012. Full Article
Greif Inc Lowers FY 2012 EBITDA Guidance-Reuters
Reuters reported that Greif Inc expects fiscal 2012 EBITDA (earnings before interest, taxes, depreciation and amortization) of between $445 million and $465 million, down from its earlier forecast of $500 million to $525 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $494 million for fiscal 2012. Full Article
Greif, Inc. Lowers High End Of Prior FY 2012 EBITDA Guidance To A Range Below Analysts' Estimates-Conference Call
Greif, Inc. announced that for fiscal 2012, it expects EBITDA to be in the range of between $500 million and $525 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $530 million for fiscal 2012. Full Article
Greif, Inc. Reaffirms FY 2012 EBITDA Guidance-Conference Call
Greif, Inc. reaffirmed that EBITDA for fiscal 2012 is anticipated to be between $500 million and $550 million. Full Article
Greif, Inc. Lowers FY 2011 EPS Guidance
Greif, Inc. announced that for the fiscal 2011, it has revised its outlook and expects diluted Class A earnings per share (EPS) before special items to be $3.65-$3.75 compared to the Company's previous guidance of $4.15-$4.30. The shortfall was primarily caused by lower than expected results in Western Europe. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $4.11 for fiscal 2011. Full Article
Earnings vs. 
Estimates
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