Greenhill & Co Q1 Profit Plunges - Quick Facts

(RTTNews) - Greenhill & Co., Inc. (GHL) Wednesday reported first-quarter net income allocated to common stockholders of $0.2 million or $0.01 per share, compared to $13.6 million or $0.45 per share in the same period last year.

On average, nine analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $43.57 million from $79.59 million last year, while eight analysts expected revenues of $56.82 million.

The Board of Directors of Greenhill & Co., Inc. has declared a dividend of $0.45 per share to be paid on June 18, 2014 to common stockholders of record on June 4, 2014.