Greenhill & Co. (GHL) Misses Q1 EPS by 26c
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Greenhill & Co. Reports First Quarter Loss Per Share Of $0.02
April 27, 2017 4:01 PM EDTNEW YORK, April 27, 2017 /PRNewswire/ -- Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $56.9 million, a net loss allocated to common stockholders of $0.7 million and a diluted loss per share of $0.02 for the quarter ended March 31, 2017.Â
The Firm's first quarter earnings results were negatively impacted by a tax charge of $2.1 million, which was required under new accounting guidance effective for 2017 related to the tax effect, at the time of the vesting of restricted stock awards, of the difference between the grant price value and the market price value... More
