Greenhill & Co. (GHL) Tops Q4 EPS by 2c

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Greenhill & Co. Reports Fourth Quarter Earnings Per Share Of $0.25 And Annual Earnings Per Share Of $0.82

January 27, 2016 4:02 PM EST

NEW YORK, Jan. 27, 2016 /PRNewswire/ -- Greenhill & Co., Inc. (NYSE: GHL) today reported total revenues of $261.6 million and net income allocated to common stockholders of $25.6 million for the year ended December 31, 2015.   Diluted earnings per share were $0.82 for the year ended December 31, 2015. 

The Firm's 2015 total revenues compare to total revenues of $275.3 million for 2014, which represents a decrease of $13.7 million.  Advisory revenues for 2015 were $260.3 million, compared to $280.5 million for 2014, representing a decrease of $20.2 million.  For 2015, we recognized an investment gain of $1.3 million compared to an investment loss of $5.2 million in 2014.

The Firm's 2015 net... More