earnings
confidence high
sentiment positive
materiality 0.80
Graham Holdings Q2 net income $115.4M ($22.99/sh); revenue up 23% to $801.2M
Graham Holdings Co
2021-Q2 EPS reported
$45.43
revenue$1,513,607,000
- Net income attributable to common shares $115.4M ($22.99 per share) vs. $18.9M ($3.60 per share) year ago.
- Revenue $801.2M, up 23% YoY; operating income $37.6M vs. $5.9M.
- Closed Leaf Group acquisition on June 14 for ~$322M cash ($8.50/share), adding Well+Good, Livestrong.com.
- Education (Kaplan) revenue $340.0M (+2%); op income $13.1M. TV broadcasting revenue $120.0M (+19%); op income $35.6M.
- COVID-19 continues to hit Kaplan Languages; wood prices at Hoover expected to cause significant Q3 inventory losses.