Greif Class A Highlights Strong Q2 Cash Flow, Deleveraging

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2026.05.01 13:56
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Greif Class A reported its Q2 2026 results, showing a 32.3% decline in net income to $12.6 million, but a 57.5% increase in adjusted net income to $62.7 million. Adjusted free cash flow rose to $179.3 million, and total debt decreased to $1.0 billion. The company achieved $75 million in cost optimization and completed a $150 million share repurchase. Analysts rate GEF stock as a Hold with a $68.00 price target, citing mixed financial performance and improved leverage despite weak cash conversion and revenue decline.