05.02.2020 16:58:42
|
Stock Alert: Greenhill Climbs After Earnings Beat Estimates
(RTTNews) - Shares of investment bank Greenhill & Co., Inc. (GHL) are climbing more than 27% on Wednesday after the company's earnings surpassed the consensus estimates in the fourth quarter.
The better-than-expected quarterly earnings reported yesterday, after the bell, made the stock gapped up nearly 10% in the morning at $18.25. The stock is currently trading at $21.24
From October last year, GHL had been on an uptrend and earned more than 60% in the past four months.
Net income in the fourth quarter more than doubled to $24.13 million or $1.05 per share from $11.12 million or $0.45 per share in the same quarter a year ago. Analysts polled by Thomson Reuters were expecting $0.49.
Revenue in the quarter rose 20% year-over-year to $106.7 million.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Greenhill & Co. Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |