Correction - greif reports fourth quarter and fiscal 2024 results

Delaware, ohio, dec. 04, 2024 (globe newswire) -- correction: fourth quarter 2024 net income, excluding the impact of adjustments, revised to $65.5 million and 2024 class a diluted earnings per share, excluding adjustments, revised to $1.13. in the earnings release issued earlier today, the fourth quarter 2024 net income, excluding the impact of adjustments, incorrectly presented a $16.0 million income tax expense related to “(gain) loss on disposal of businesses, net”. this resulted in stating net income, excluding the impact of adjustments, for the period of $49.6 million and diluted class a earnings per share, excluding adjustments, for the period of $0.85. the corrected net income, excluding the impact of adjustments, for the period is $65.5 million, and the corrected diluted class a earnings per share, excluding adjustments, for the period is $1.13.
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