Revenue Update on Graham Holdings Co(NYSE:GHC)

Graham Holdings Co(NYSE:GHC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $628.93M. Analysts estimated a revenue of $2.53B. Earnings per share were $7.97.

Graham Holdings Co (GHC) shares turned negative on Fridays trading session with the shares closing down -1.51 points or -0.30% at a volume of 13,408. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $496.95. The peak price level was also seen at $496.95 while the days lowest was $494.51. Finally the shares closed at $495.19. The 52-week high of the shares is $715 while the 52-week low is $425.14. According to the latest information available, the market cap of the company is $2,781 M.

Several Insider Transactions has been reported to the SEC. On Mar 24, 2016, Timothy J O’shaughnessy (CEO) purchased 1,100 shares at $463.61 per share price.Also, On Jun 11, 2015, Donald Graham (CEO and COB) sold 12,100 shares at $1,070.82 per share price.On Mar 4, 2015, Ann Mcdaniel (Senior Vice President) sold 600 shares at $1,005.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Graham Holdings Company is a diversified education and media company whose principal operations include educational services television broadcasting cable systems and online services print and local television news. The Company owns Kaplan which is a provider of educational services; Graham Media Group (WDIV-Detroit KPRC-Houston WKMG-Orlando KSAT-San Antonio WJXT-Jacksonville); Cable ONE serving small-city subscribers in 19 Midwestern western and southern states; The Slate Group (Slate and Slate V); and Foreign Policy. The Company also owns Trove a digital team focused on innovation and experimentation with emerging technologies; SocialCode a leading social marketing solutions company; Celtic Healthcare; Forney Corporation; Joyce/Dayton Corp; and Residential Healthcare Group. Kaplan conducts its operations through three segments: Kaplan Higher Education Kaplan Test Preparation and Kaplan International.

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