Overview
Graham Holdings' Q4 revenue rises slightly
Q4 net profits drops sharply to $108.7 mln from $548.8 mln; adjusted net profit also down
Company completed acquisition of Honda dealership in Woodbridge, VA
Outlook
Company did not provide specific guidance for future quarters or fiscal year
Result Drivers
EDUCATION GROWTH - Education division revenue increased slightly, with significant growth in operating income due to higher fees from Purdue Global and other higher education programs
HEALTHCARE EXPANSION - Healthcare division revenue and operating income rose significantly, driven by expansion in infusion treatment offerings and patient service areas
AUTOMOTIVE DECLINE - Automotive revenues fell due to dealership closure and lower vehicle sales, partially offset by Honda dealership acquisition
Company press release: ID:nBw9PJW5Ka
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $1.25 bln | $1.30 bln (1 Analyst) |
Q4 EPS | $24.69 | ||
Q4 Net Income | $110.89 mln | ||
Q4 Pretax Profit | Beat | $172.39 mln | $88.50 mln (1 Analyst) |
Q4 Operating Expenses | $1.17 bln | ||
Q4 Operating Income | $47.59 mln |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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