Graham Holdings (GHC) Reports Q1 EPS of $22.44
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Graham Holdings Company Reports First Quarter Earnings
May 5, 2021 8:30 AM EDTARLINGTON, Va.--(BUSINESS WIRE)-- Graham Holdings Company (NYSE: GHC) today reported net income attributable to common shares of $112.5 million ($22.44 per share) for the first quarter of 2021, compared to a loss of $33.2 million ($6.32 per share) for the first quarter of 2020.
The COVID-19 pandemic and measures taken to prevent its spread, such as travel restrictions, shelter in place orders and mandatory closures, significantly impacted the Companys results for 2020 and the first three months of 2021, largely from reduced demand for the Companys products and services. This significant adverse impact is expected... More
