GRAHAM HOLDINGS Reports Profitable Q2 Earnings for FY2023
August 10, 2023
☀️Earnings Overview
On August 2 2023, GRAHAM HOLDINGS ($NYSE:GHC) reported its financial results for the second quarter of FY2023, which concluded on June 30. With total revenue increasing 18.4% year-over-year to USD 1105.0 million, net income for the quarter was USD 122.8 million, up from -67.5 million in the same period the year prior.
Stock Price
On Wednesday, GRAHAM HOLDINGS reported their second quarter earnings for fiscal year 2023. At the opening of trading, the stock was priced at $585.0 and at the close of trading, the stock had fallen slightly to $584.0, up by a mere 0.2% from the prior day’s closing price of $582.7. Despite the small decrease in share price, GRAHAM HOLDINGS reported a positive quarter, with profits and revenues both ahead of expectations. The positive results were driven by strong growth in the company’s core businesses including television, educational services, and healthcare.
In addition, GRAHAM HOLDINGS raised their outlook for the rest of fiscal year 2023, citing improved fundamentals and continued strong performance in the business segments. Overall, investors were pleased with GRAHAM HOLDINGS’ second quarter results and its outlook for the rest of fiscal year 2023. With profits and revenues both exceeding expectations and strong growth in all core segments, investors remain confident in the company’s ability to generate long term value for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Graham Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 4.21k | 212.68 | 5.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Graham Holdings. More…
| Operations | Investing | Financing |
| 198.44 | -189.12 | -6.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Graham Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.6k | 2.74k | 803.22 |
Key Ratios Snapshot
Some of the financial key ratios for Graham Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | 31.4% | 8.8% |
| FCF Margin | ROE | ROA |
| 2.5% | 6.1% | 3.5% |
Analysis
At GoodWhale, we specialize in providing our customers with in-depth and comprehensive analysis of the fundamentals of GRAHAM HOLDINGS. After thorough analysis, we have determined that GRAHAM HOLDINGS is a high risk investment due to its financial and business aspects. Our risk rating system has identified three risk warnings, found in the income sheet, balance sheet, and non-financial elements. To access our full analysis, make sure to register on goodwhale.com. We are confident that our assessment of GRAHAM HOLDINGS will help you make informed decisions regarding your investments. With GoodWhale, you can rest assured that you are making the right choice. More…
Peers
In the world of online education, there are a few major players. Graham Holdings Co, Laureate Education Inc, Daekyo Co Ltd, and Tarena International Inc are all vying for a piece of the pie. While each company has its own strengths and weaknesses, they are all fighting for the same goal: to be the best in the industry.
– Laureate Education Inc ($NASDAQ:LAUR)
Laureate Education Inc is a provider of higher education programs and services. The company has a market capitalization of $1.8 billion as of 2022 and a return on equity of 8.6%. The company operates in more than 30 countries and serves over 1.5 million students through a network of over 80 institutions. Laureate Education Inc offers a variety of undergraduate and graduate programs in a range of disciplines, including business, engineering, nursing, and education.
– Daekyo Co Ltd ($KOSE:019680)
The company’s market cap is 175.16B as of 2022. The company’s ROE is 1.08%. The company is a provider of educational services. It offers a range of services, including tutoring, test preparation, and language training.
– Tarena International Inc ($NASDAQ:TEDU)
Tarena International Inc is a provider of professional education services in China. The company offers education services for students pursuing careers in IT, design, and management. Tarena International Inc has a market cap of $46.04M as of 2022 and a Return on Equity of 2.94%. The company has a strong focus on delivering quality education and has a good reputation in the industry. Tarena International Inc is a good option for investors looking for exposure to the Chinese education sector.
Summary
GRAHAM HOLDINGS has demonstrated impressive growth in its earnings report for the second quarter of FY2023, with total revenue seeing a 18.4% year-over-year increase to USD 1105.0 million. Net income also increased significantly from -67.5 million to USD 122.8 million. The strong results have made GRAHAM HOLDINGS an attractive investment opportunity, as the company has demonstrated the ability to consistently generate returns and grow revenue over time. Furthermore, the company’s management team has been commended for their ability to successfully navigate the challenges of the ongoing pandemic and position the company for continued growth in the future.
Related Posts
Recent Posts
