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Greenhill Posts Higher Q4 Results; Shares Gain Pre-Bell

· 02/05/2021 02:08

06:59 AM EST, 02/05/2021 (MT Newswires) -- Greenhill & Co. (GHL) posted Thursday Q4 earnings of $2.71 per share, up from earnings of $1.05 per share in the prior-year period. One analyst polled by Capital IQ projected earnings of $1.51 per share.

Revenue was $140.7 million for the three months ended Dec. 31, up from $106.7 million in the prior-year period. The Street forecast was for revenue of $104.1 million.

Shares of the investment bank were up by approximately 10% in recent, pre-market trade on Friday.

Price: 15.48, Change: +1.44, Percent Change: +10.26