Greenhill & Co. (GHL) Misses Q2 EPS by 46c

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Greenhill & Co. Reports Second Quarter 2022 Results

August 2, 2022 4:06 PM EDT

Quarterly revenues of $36.0 million, down 17% from prior years second quarter due to few large M&A transaction completions amid a slowdown in market activity Year to date revenues of $81.5 million, down 27% from the same period in 2021 due to fewer large transaction completions Compensation costs for quarter and year to date up slightly over last year; elevated compensation ratios in each period given the lower than typical revenue levels Non-compensation costs slightly below last years first half... More