Greenhill & Co. (GHL) Set to Announce Quarterly Earnings on Wednesday
Greenhill & Co. (NYSE:GHL) is scheduled to be issuing its Q114 quarterly earnings data on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $56.82 million for the quarter.
Greenhill & Co. (NYSE:GHL) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.01. The company had revenue of $76.30 million for the quarter, compared to the consensus estimate of $80.29 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue was down 17.3% on a year-over-year basis. On average, analysts expect Greenhill & Co. to post $1.89 EPS for the current fiscal year and $2.43 EPS for the next fiscal year.
Greenhill & Co. (NYSE:GHL) opened at 49.75 on Tuesday. Greenhill & Co. has a 52-week low of $43.21 and a 52-week high of $60.98. The stock has a 50-day moving average of $52.09 and a 200-day moving average of $52.89. The company has a market cap of $1.406 billion and a P/E ratio of 31.98.
GHL has been the subject of a number of recent research reports. Analysts at Nomura upgraded shares of Greenhill & Co. from a “reduce” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $49.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of Greenhill & Co. from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 3rd. They now have a $53.80 price target on the stock. Finally, analysts at Sidoti initiated coverage on shares of Greenhill & Co. in a research note on Wednesday, March 12th. They set a “neutral” rating on the stock. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $50.80.
Greenhill & Co, Inc (NYSE:GHL)is an independent investment bank focused on providing financial advice on mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments.
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