Greenhill & Co. (GHL) Misses Q1 EPS by 86c

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Greenhill & Co. Reports First Quarter 2022 Results

April 27, 2022 4:05 PM EDT

Quarterly revenues of $45.4 million, down 34% from prior year given fewer significant completion fees Compensation costs slightly less than last years first quarter, but ratio elevated as a result of lower revenues Non-compensation costs modestly lower than last years first quarter Loss of $0.66 per share given low level of quarterly revenues Repurchased 1,062,685 shares of common stock and common stock equivalents during the quarter for $19.8 million at an average price of $18.66 per share

NEW YORK--(BUSINESS WIRE)-- Greenhill & Co., Inc. (NYSE:... More