Graham Holdings Co reports results for the quarter ended in June - Earnings Summary

Graham Holdings

31/07/2024 15:27

* Graham Holdings Co  GHC.N  reported quarterly adjusted
earnings
of $12.70​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of
$12.97.  The lone analyst forecast for the quarter was
for earnings of $8.74 per share. 
    * Revenue rose 7.3% to $1.19 billion from a year ago;
analysts
expected $1.17 billion. 
    * Graham Holdings Co shares had risen by 16.5% this
quarter and
gained 17.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the schools,
colleges &
universities peer group is also "sell"

Wall Street's median 12-month price target for Graham Holdings
Co is $650.00 
This summary was machine generated from LSEG data July 31 at
02:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       8.74           12.70          Beat
 Mar. 31 2024      8.96           11.24          Beat
 Dec. 31 2023      12.53          10.94          Missed
 Sep. 30 2023      7.90           10.45          Beat