Graham (GHC) Announces Earnings Results, Beats Expectations By $4.54 EPS

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Graham (NYSE:GHC) posted its earnings results on Wednesday. The company reported $13.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $8.65 by $4.54, Fidelity Earnings reports. The business had revenue of $674.77 million for the quarter. Graham had a net margin of 12.32% and a return on equity of 6.48%.

Shares of NYSE:GHC traded up $19.00 during trading on Thursday, reaching $600.05. The company had a trading volume of 286 shares, compared to its average volume of 25,723. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 17.01 and a beta of 0.59. Graham has a 12 month low of $536.90 and a 12 month high of $625.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.00 and a quick ratio of 1.90.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 7th. Investors of record on Wednesday, October 17th will be issued a dividend of $1.33 per share. This represents a $5.32 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Tuesday, October 16th.

In related news, Director Donald Graham purchased 1,800 shares of the firm’s stock in a transaction dated Friday, August 3rd. The shares were purchased at an average price of $550.21 per share, with a total value of $990,378.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Katharine Weymouth sold 1,100 shares of the stock in a transaction on Tuesday, October 9th. The shares were sold at an average price of $579.95, for a total transaction of $637,945.00. Following the transaction, the director now directly owns 3,649 shares in the company, valued at approximately $2,116,237.55. The disclosure for this sale can be found here. 22.50% of the stock is owned by corporate insiders.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides a range of certificate, diploma, and degree programs, as well as online education services; and test preparation business services in pre-college, graduate, health, and bar review, as well as publishes and sells test preparation and other books through retail channels.

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Earnings History for Graham (NYSE:GHC)

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