McGraw Hill, Inc. reports results for the quarter ended September 30 - Earnings Summary

• McGraw Hill, Inc. MH.N reported quarterly adjusted earnings of 75 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.40. The mean expectation of twelve analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 62 cents to 81 cents per share.

• Revenue fell 5.5% to $632.21 million from a year ago; analysts expected $629.31 million.

• McGraw Hill, Inc.'s reported EPS for the quarter was 45 cents​.

• The company reported quarterly net income of $86.38 million.

• McGraw Hill, Inc. shares had fallen by 2.7% this quarter and lost 22.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer publishing peer group is also "buy"

• Wall Street's median 12-month price target for McGraw Hill, Inc. is $17.00, about 24.9% above its last closing price of $12.76

This summary was machine generated from LSEG data November 5 at 04:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)