Graham Holdings Q2 revenue rises 3%, beats expectations
Overview
Graham Holdings Q2 revenue rises 3% yr/yr, beating analyst expectations
Operating income for Q2 rises to $72.8 mln
Pretax profit for Q2 missed analyst expectations, per LSEG data
Outlook
Company expects WGB operations to shut down by end of Q3 2025
Result Drivers
EDUCATION GROWTH - Revenue increase attributed to growth in education sector
HEALTHCARE EXPANSION - Healthcare sector saw significant revenue and operating income growth
MANUFACTURING IMPROVEMENT - Manufacturing sector contributed to operating income rise
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $1.22 bln | $1.18 bln (1 Analyst) |
Q2 EPS |
| $8.35 |
|
Q2 Net Income |
| $40.42 mln |
|
Q2 Pretax Profit | Miss | $60.62 mln | $62.50 mln (1 Analyst) |
Q2 Operating Expenses |
| $1.12 bln |
|
Q2 Operating Income |
| $72.75 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 $785.00, about 17.7% below its July 29 closing price of $924.04
Press Release: ID:nBw1N3Lzta
