Graham Holdings (GHC) Reports Q2 EPS of $8.72

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Graham Holdings Company Reports 2015 and Fourth Quarter Earnings

February 26, 2016 8:30 AM EST

ARLINGTON, Va.--(BUSINESS WIRE)-- Graham Holdings Company (NYSE: GHC) today reported a net loss attributable to common shares of $101.3 million ($17.87 per share) for the year ended December 31, 2015, compared to net income attributable to common shares of $1,293.0 million ($195.03 per share) for the year ended December 31, 2014. Net (loss) income includes $42.2 million ($7.36 per share) and $527.9 million ($79.63 per share) in income from discontinued operations for 2015 and 2014, respectively. Loss from continuing operations attributable to common shares was $143.5 million ($25.23 per share) for 2015, compared to income of $765.1 million ($115.40 per share) for 2014.

For the fourth quarter of 2015, the Company reported net... More