Greenhill & Co. (GHL) Misses Q1 EPS by 48c

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Go back to Greenhill & Co. (GHL) Misses Q1 EPS by 48c

Greenhill & Co. Reports First Quarter 2019 Results

April 29, 2019 4:05 PM EDT

NEW YORK, April 29, 2019 /PRNewswire/ --

Quarterly revenues of $51.2 million, down 42% from prior year as completion fees for the quarter related to relatively small transactions Compensation costs lower than last year's first quarter, but compensation ratio elevated as a result of lower revenues Non-compensation costs slightly higher than last year Loss of $0.64 per share given significantly lower revenue only partially offset by slightly lower total costs Repurchased 936,671 shares of common stock and common stock equivalents during the quarter at an average price of $26.05 per share... More