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

Graham Holdings

01/05/2024 16:08

* Graham Holdings Co  GHC.N  reported quarterly adjusted
earnings
of $11.24​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of $8.36.  The lone analyst forecast for the quarter was
for earnings of $8.96 per share. 
    * Revenue rose 11.7% to $1.15 billion from a year ago;
analysts
expected $1.17 billion. 
    * Graham Holdings Co shares had fallen by 8.6% this
quarter and
gained 0.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $625.00 
This summary was machine generated from LSEG data May 1 at 03:08
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
 Mar. 31 2024      8.96           11.24          Beat
 Dec. 31 2023      12.53          10.94          Missed
 Sep. 30 2023      7.90           10.45          Beat
 Jun. 30 2023      9.76           12.97          Beat