Greenhill conference call Monday July 28 @ 4:30 EST

[ashiwi]

Maybe we can get some insight from Greenhill today

Contact:
Christopher T. Grubb,
Chief Financial Officer
Greenhill & Co., Inc.
[phone]
For Immediate Release
GREENHILL & CO. CONFERENCE CALL
TO ANNOUNCE SECOND QUARTER
2014 FINANCIAL RESULTS
NEW YORK, July 14, 2014 – Greenhill & Co., Inc. (NYSE: GHL), a leading
independent investment bank, plans to announce its second quarter
2014 financial results after the market close on Monday, July 28, 2014.
Greenhill will also host a related conference
call beginning at 4:30 p.m. Eastern Time that
same day (July 28, 2014), accessible via telephone
and the internet. Scott L. Bok, Chief
Executive Officer, and Christopher T. Grubb,
Chief Financial Officer, will review the
Firm’s second quarter 2014 financial results
and related matters. Following the review,
there will be a question and answer session.
Investors and analysts may
participate in the live conference call by dialing (888) 317-
6003 (toll-free domestic) or [phone] (international); passcode: 0649324.

[mrhaigs]

I would love for someone to ask them the question about the partnership. I doubt someone will, but would love to hear what they had to say.

[ashiwi]

From Greenhill>>>
"..."For our Firm, this year continues to evolve in the manner we suggested it would a quarter ago, and in a manner consistent with the overall market trends. The first half was relatively quiet for us in terms of transaction completions, but particularly toward the end of the quarter, we saw the beginning of the upturn in significant deal announcements we had been expecting. Our current book of assignments suggests that this trend should continue in the weeks and months to come. Our expectation is that our revenue for the year will be significantly weighted to the second half, just as it was in 2012, but the opposite of what it was in 2013. Those variations within each year are largely the result of random transaction timing rather than any seasonal effect, but they can be wide, as we saw last year when our first half advisory revenue was up 39% yet we ended the year roughly flat, and the year before when the first half was similar to this year's before rebounding strongly in the second half. As has always been the case, it is best to judge our business performance on an annual basis. We are particularly encouraged by increased activity we are seeing in Europe, where recent announcements on high profile transactions confirm the strength of our longstanding franchise. Restructuring activity has remained soft given highly accommodative credit markets, but we have had good success in equity financing advisory transactions. And in our capital advisory, or fund placement, business we had a very strong first half, predominantly from real estate related transactions in the US and Europe. In sum, we are encouraged by the developing rebound in global transaction activity of all kinds, and we believe we are well positioned relative to the strategic objectives that have made our Firm unique since its IPO a decade ago -- increasing market share, sector leading profit margins, a strong dividend and a flat share count," Scott L. Bok, Chief Executive Officer, commented..."

[Chris-C]

Great Post and thanks for sharing! It is encouraging that their book reflects a significant uptick in announcements ahead!  I like it!
GLTAL
Chris