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Greenhill Q3 Profit Up; Declares Dividend

Greenhill & Co. Inc. (GHL) reported third-quarter net income allocated to stockholders of $8.59 million, compared to $8.56 million in the prior year quarter. Earnings per share were $0.28, same as last year.

Total revenues rose to $62.75 million from $60.36 million in the comparable quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report profit of $0.36 per share on revenue of $70.92 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 December 19, 2012 to common stockholders of record on December 5, 2012.

by RTTNews Staff Writer

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