Houghton Mifflin Harcourt Announces Second Quarter 2016 Results

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BMO Capital Downgrades Houghton Mifflin (HMHC) to Market Perform

August 5, 2016 7:05 AM EDT

BMO Capital downgraded Houghton Mifflin (NASDAQ: HMHC) from Outperform to Market Perform with a price target of $17.00 (from $22.00).

For an analyst ratings summary and ratings history on Houghton Mifflin click here. For more ratings news on Houghton Mifflin click here.

Shares of Houghton Mifflin closed at $15.08 yesterday.

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Houghton Mifflin Harcourt (HMHC) Reports Q2 Loss Per Share of 23c

August 4, 2016 8:15 AM EDT

Houghton Mifflin Harcourt (NASDAQ: HMHC) reported Q2 EPS of ($0.23), $0.21 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $392 million versus the consensus estimate of $431.29 million.

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Houghton Mifflin Harcourt sees FY2016 revenue of $1.485-1.555 billion,... More