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Greenhill & Co. (GHL) Misses Q3 EPS by 2c

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Greenhill & Co. Reports Third Quarter Earnings Per Share Of $0.41

October 24, 2016 4:01 PM EDT

NEW YORK, Oct. 24, 2016 /PRNewswire/ -- Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $76.6 million, net income allocated to common stockholders of $13.1 million and diluted earnings per share of $0.41 for the quarter ended September 30, 2016. 

The Firm's third quarter 2016 revenues of $76.6 million compare to revenues of $50.6 million for the same period in 2015, an increase of $26.0 million, or 51%.  For the third quarter of 2016, net income allocated to common stockholders of $13.1 million compares to $0.7 million for the same period in 2015, which represents an increase of $12.4 million.  Diluted earnings per share for the three months ended... More