secwatch.observer — SEC 8-K summary
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Issuer:     Graham Holdings Co (GHC)
CIK:        0000104889
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000104889-24-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Holdings Q3 net income $72.5M, revenue up 9% to $1.21B; expects $700M pension gain in Q4
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- Revenue $1,207.2M (+9% YoY); operating income $81.6M vs -$57.1M in Q3 2023 (prior year included impairments).
- Net income $72.5M ($16.42/diluted share) vs net loss $23.0M ($5.02 loss) in Q3 2023; adjusted EPS $17.25.
- Repurchased 64,490 shares for $48.7M in Q3; remaining authorization 486,132 shares.
- Purchased group annuity contract for $461.3M to settle $457.9M pension obligation; expects $700M pre-tax gain in Q4 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104889/000010488924000066/0000104889-24-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104889/000010488924000066/ghc-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000104889-24-000066

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