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GHC — Graham Holdings News Story

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Graham Holdings beats Q3 revenue estimates on education sector growth

Overview

Graham Holdings Q3 revenue up 6%, beating analyst expectations

Net income for Q3 rises significantly compared to last year

Operating income decreased due to declines in TV broadcasting and automotive

Outlook

Graham Holdings did not provide specific future guidance

Result Drivers

EDUCATION GROWTH - Revenue increased in education sector, contributing to overall revenue growth

MANUFACTURING AND HEALTHCARE - Growth in manufacturing and healthcare sectors supported revenue increase

TV BROADCASTING AND AUTOMOTIVE DECLINES - Declines in TV broadcasting and automotive sectors impacted operating income negatively

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$1.27 bln$1.18 bln (1 Analyst)
Q3 EPS$27.91
Q3 Net Income$126.23 mln
Q3 Pretax ProfitBeat$183.03 mln$74.70 mln (1 Analyst)
Q3 Operating Expenses$1.18 bln
Q3 Operating Income$67.13 mln
Analyst Coverage The one available analyst rating on the shares is "sell" The average consensus recommendation for the schools, colleges & universities peer group is "buy." Wall Street's median 12-month price target for Graham Holdings Co is $945.00, about 12.2% below its October 28 closing price of $1,060.36 The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago Press Release: ID:nBw2ctLhna For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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