Greenhill Q4 Profit Declines; Declares Dividend - Quick Facts - InvestingChannel

Greenhill Q4 Profit Declines; Declares Dividend – Quick Facts

Greenhill & Co. Inc. (GHL: Quote) reported fourth-quarter net income allocated to stockholders of $15.1 million or $0.50 per share, compared to $16.1 million or $0.53 per share in the comparable quarter last year.

Total revenues declined to $92.33 million from $94.50 million in the year-ago quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit of $0.72 per share on revenue of $103.05 million for the quarter. Analysts’ estimates typically exclude special items.

Further, the company’s Board declared a dividend of $0.45 per share to be paid on March 20, 2013 to common stockholders of record on March 6, 2013.

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by RTT Staff Writer

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