Greystone Logistics Inc (GLGI)
OTHER OTC:GLGI
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Earnings Data
Report Date
Sep 01, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q3 2026
Earnings Call Date:Apr 15, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call describes a company facing a material near-term disruption after losing a long-term, high-volume customer (≈$30M/year), which precipitated layoffs, covenant breaches and pressured cash flow. Offsetting this, management presented multiple actionable recovery paths: expanding contract recycling/pelletizing (≈$150k/month), larger customers/pilot programs (Walmart track-and-trace, 80 truckloads in 90 days), new leasing/pooling opportunities (including a 90,000-pallet opportunity), available manufacturing capacity and 38,000 tracking devices already acquired. The bank appears cooperative (interest-only for a year) and management has a planned property sale ($1.675M) to shore up liquidity. Positives and negatives are both significant and the tone is cautiously optimistic but realistic about near-term risk.Company Guidance
New and Growing Revenue Streams from Recycling/Granulation
Generating approximately $150,000 per month from grinding, granulating and pelletizing contracts; currently operating 4 pelletizing units and engaged on a project to process ~13 million pounds of ABS trays plus 6–7 million pounds of high molecular weight material. Management sees capacity and interest to expand this contract recycling business.
Walmart Relationship and Track-and-Trace Pilot
Historic revenue of roughly $50 million with Walmart over the past 5–6 years. In the last 90 days the company filled ~80 truckloads of orders and is running a track-and-trace pilot (cellular and Bluetooth tagging) that provides location, temperature and damage data with potential to expand.
Pooling/Leasing Opportunities and New Sales Pipeline
Management is pursuing pallet-as-a-service / closed-loop leasing opportunities (including a cited opportunity to manage ~90,000 pallets) and leveraging Adaptive Pallet Solutions sales efforts; tested recycled plastic pallet prototypes (Yuengling keg pallet) and pursuing Budweiser discussions.
Asset and Equipment Positioning
Company has substantial manufacturing assets on hand (including 3,300-ton machines and tooling), acquired ~38,000 cellular tracking devices (7-year life) for pooling services, and has repurposed a new machine (Palmyra, MO) under contract manufacturing to generate incremental revenue.
Liquidity Actions and Bank Cooperation
Contracted sale of a property for $1.675 million to provide cash for any shortfall; bank agreed to interest-only payments for a year and is working with management on line-of-credit renewal despite covenant issues—management reports constructive lender relationship.
Capital Structure Moves and Cost Reduction History
Management previously paid off $5 million of preferred stock (reducing annual interest cost by ~$350,000) and repurchased ~$1 million of common shares; layoffs were used to reduce payroll expense and some employees have been rehired as demand recovers.
GLGI Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
Sep 01, 2026 | 2026 (Q4) | 0.045 | ― | ― | ― | ||
Apr 15, 2026 | 2026 (Q3) | 0.03 | -443.33% (-0.13) | ― | ― | ||
Jan 15, 2026 | 2026 (Q2) | -0.012 | -533.33% (-0.06) | ― | ― | ||
Oct 21, 2025 | 2026 (Q1) | 0.006 | ― | ― | ― | ||
Sep 02, 2025 | 2025 (Q4) | 0.006 | -766.67% (-0.05) | ― | ― | ||
Apr 14, 2025 | 2025 (Q3) | 0.005 | 500.00% (+0.02) | ― | ― | ||
Jan 21, 2025 | 2025 (Q2) | 0.028 | -142.86% (-0.04) | ― | ― | ||
Oct 15, 2024 | 2025 (Q1) | ― | ― | ― | ― | ||
Sep 13, 2024 | 2024 (Q4) | 0.05 | -88.00% (-0.04) | ― | ― | ||
Apr 17, 2024 | 2024 (Q3) | 0.111 | -95.50% (-0.11) | ― | ― |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GLGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 15, 2026 | $0.30 | $0.21 | -28.09% |
Jan 15, 2026 | $0.59 | $0.50 | -15.11% |
Oct 21, 2025 | $0.99 | $1.00 | +1.01% |
Sep 02, 2025 | $1.30 | $1.15 | -11.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Greystone Logistics Inc (GLGI) report earnings?
Greystone Logistics Inc (GLGI) is schdueled to report earning on Sep 01, 2026, Before Open (Confirmed).
What is Greystone Logistics Inc (GLGI) earnings time?
Greystone Logistics Inc (GLGI) earnings time is at Sep 01, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is GLGI EPS forecast?
Currently, no data Available