earningsreleaseq42012i.gif


Contact: Patrick Suehnholz   
  Director of Investor Relations     
Greenhill & Co., Inc.      
(212) 389-1800       


GREENHILL & CO. REPORTS FOURTH QUARTER EARNINGS PER SHARE OF $1.05 AND FULL YEAR EARNINGS PER SHARE OF $0.45

Quarterly revenues of $106.7 million, up 20% from prior year fourth quarter

Annual revenues of $301.0 million, down 14% from prior year, as reduced revenue in Europe more than offset increases in North America, Australia and the rest of the world
Compensation ratio of 42% for the fourth quarter, lower than our historic norm in order to reduce the ratio to 59% for the full year

Operating profit margin of 39% for the fourth quarter, 15% for the full year

Effective tax rate for the fourth quarter and year was adversely impacted by unusually low proportion of earnings coming from low tax jurisdictions and a high proportion coming from higher tax jurisdictions

Repurchased 1.5 million shares of common stock and common stock equivalents during the quarter at an average price of $15.98 per share; for the full year repurchased 3.8 million shares and share equivalents at an average price of $18.04 per share

Board authorized up to $60 million of purchases of shares and share equivalents in 2020

NEW YORK, February 4, 2020 – Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $106.7 million, net income of $24.1 million and diluted earnings per share of $1.05 for the fourth quarter of 2019.

The Firm’s fourth quarter 2019 revenues compare to revenues of $89.1 million for the fourth quarter 2018, which represents an increase of $17.6 million, or 20%. The Firm's fourth quarter 2019 net income and diluted earnings per share compare to net income of $11.1 million and diluted earnings per share of $0.45 for the fourth quarter 2018, an increase of $13.0 million, or 117%, in net income and an increase of $0.60, or 133%, in diluted earnings per share.

For the year ended December 31, 2019, revenues of $301.0 million compare to $352.0 million for 2018, which represents a decrease of $51.0 million, or 14%. For 2019, net income of $11.0


The following information was filed by Greenhill Co Inc (GHL) on Tuesday, February 4, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Greenhill Co Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Greenhill Co Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account