Greenhill & Co. (GHL) Tops Q3 EPS by 17c

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Greenhill & Co. Reports Third Quarter 2018 Earnings Of $0.43

October 24, 2018 4:05 PM EDT

NEW YORK, Oct. 24, 2018 /PRNewswire/ --

Quarterly revenues of $86.8 million, up 80% from prior year; year to date revenues up 53% from prior year Compensation ratio for both the quarter and year to date at 55% Operating profit margin for the quarter at 24%; year to date at 23%, which was negatively impacted by a non-recurring charge of $4.0 million related to the Cogent acquisition earnout Repurchased 2.0 million shares of common stock and common stock equivalents during the quarter at an average price of $29.85 per share Under our repurchase plan through September 30, 2018, we have... More