Amended: corrects company name in the headline.
McGraw-Hill Companies (MHP) reported a rise in first-quarter net income attributable to the company to $123 million or $0.43 per share from $120 million or $0.39 per share in the prior-year quarter.
Revenue for the latest quarter totaled $1.33 billion, up 6% from $1.26 billion a year earlier.
On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.48 on $1.32 billion revenue for the quarter. Analysts' estimates typically exclude one-time items.
Looking forward, the company still sees full-year 2012 adjusted earnings in the range of $3.25 - $3.35 per share, while 8 analysts project 2012 earnings of $3.33 per share.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org