The Washington Post Company Is An Ideal Buy And Hold
Wed, May 4, 8:40 AM
Fri, Feb. 26, 9:21 AM
Nov. 4, 2015, 10:17 PM
- Graham Holdings (NYSE:GHC): Q3 EPS of $6.05
- Revenue of $641.43M (-8.8% Y/Y)
Aug. 5, 2015, 8:34 AM
- Graham Holdings (NYSE:GHC): Q2 EPS of $9.87
- Revenue of $879.6M (+0.6% Y/Y)
May 1, 2015, 9:53 AM
- After some down premarket trading, Graham Holdings (NYSE:GHC) is up 0.7% in early trade after earnings from continuing operations slipped Y/Y to $3.62/share, from last year's $17.56/share.
- Revenues were up 1% but declined across all the company's mainline businesses. "Other business" revenues that jumped 154% were boosted by 2014 acquisitions, including hospice service providers as well as screw jack maker Joyce/Dayton, but also include publishing arms Slate Group and Foreign Policy Group.
- Revenue by segment: Education, $500.6M (down 4%); Cable, $198.7M (down 3%); Television Broadcasting, $83.6M (down 2%); Other, $63.3M (up 154%).
- The company's proceeding with plans to spin off Cable ONE later in 2015, and to sell substantially all of its Kaplan KHE Campuses business, which should close in Q3.
May 1, 2015, 9:27 AM
- Graham Holdings (NYSE:GHC): Q1 EPS of $3.62
- Revenue of $846.1M (+1.1% Y/Y)
- Shares -2.3% PM.
Feb. 20, 2015, 9:37 PM
- Graham Holdings (NYSE:GHC) -- the former Washington Post Company -- was up 3.7% at the open and easily crested the $1,000/share mark again, following its Q4 earnings, before giving back all of the day's gains by midday.
- Education revenues from Kaplan operations ($551.4M, nearly flat) still made up the bulk of its $925.3M in revenues, but particularly strong were revenues in TV broadcasting, up 20% to $102.4M (aided by political ads in a midterm election year). Operating income in broadcast was up 24% to $54.4M.
- Revenue from "other businesses" (which includes digital-heavy publishing operations like Slate, Foreign Policy, The Root) more than doubled to $73.8M, from $30.7M.
- Seems like unloading The Washington Post to Jeff Bezos made the rest of the business great, Benjamin Freed says. He notes that now-GHC shares opened at $560.14 that summer 2013 day, headed to $584.97 that week and it's been a "robust trajectory" ever since. From the time of the sale, shares are up 83% vs. the S&P's +22%.
- Other companies are doing the same, he notes: See News Corp. (NASDAQ:NWSA) splitting off Twenty-First Century Fox (FOX, FOXA); Tribune Media (NYSE:TRCO) dropping publications into Tribune Publishing and thriving as a broadcast/real estate company; and Gannett (NYSE:GCI), which plans to spin off USA Today and its dailies.
Feb. 20, 2015, 8:38 AM
- Graham Holdings (NYSE:GHC): Q4 EPS of $17.31
- Total revenue of $925.3M (+7% Y/Y)
- Education revenue of $551.38M (+0.1% Y/Y)
Oct. 31, 2014, 8:43 AM
- Graham Holdings (NYSE:GHC): Q3 EPS of $13.12.
- Revenue of $898.9M (+5.0% Y/Y).
Aug. 1, 2014, 8:37 AM
- Graham Holdings (NYSE:GHC): Q2 EPS of $7.31
- Revenue of $878.6M (+0.9% Y/Y)
May 2, 2014, 9:24 AM
- Graham Holdings (GHC): Q1 EPS of $17.65.
- Revenue of $840.56M (+2% Y/Y).
Feb. 21, 2014, 8:46 AM
- Graham Holdings (GHC): Q4 EPS of $10.88
- Revenue of $555.01M (+1.6% Y/Y)
Nov. 1, 2013, 8:44 AM
- Washington Post (WPO): Q3 EPS of $7.26 vs. $7.69 lats year.
- Revenue of $902.5M vs. $877.6M last year. (PR)
Aug. 2, 2013, 8:48 AM
- Washington Post (WPO): Q2 EPS of $8.47.
- Revenue of $1.02B. (PR)
May 3, 2013, 8:50 AMWashington Post (WPO): Q1 EPS of $0.82. Revenue of $959.1M. (PR) | May 3, 2013, 8:50 AM
Graham Holdings Co. is a diversified education and media company. The company provides educational services to individuals, schools and businesses through its subsidiary, Kaplan, Inc. Its programs include higher education, test preparation, language instruction and professional training. Its... More
Industry: Education & Training Services
Country: United States
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