earnings
confidence high
sentiment positive
materiality 0.80
Graham Holdings Q3 adj. EPS $15.65 vs $5.87 YoY; revenue up 25% to $1.01B
Graham Holdings Co
2022-Q3 EPS reported
$12.48
revenue$2,860,461,000
- GAAP net income $32.8M ($6.76/sh) vs $39.6M ($7.90/sh) in Q3 2021; adjusted net income $75.9M ($15.65/sh) vs $29.5M ($5.87/sh).
- Revenue $1,012.4M, +25% YoY, with growth at education, TV broadcasting, manufacturing, healthcare, and automotive.
- Education (Kaplan) operating income $18.6M, up 88% YoY; Kaplan International revenue +15% (26% constant currency).
- TV broadcasting political ad revenue +$19.4M drove 29% operating income increase to $52.3M.
- Manufacturing results improved significantly due to $26.7M goodwill impairment in prior year and Hoover results.