TEL AVIV (MarketWatch) -- McGraw-Hill Cos. MHP, the New York-based financial-information company, reported a fourth-quarter net loss of $216 million, or 76 cents a share, compared with net income of $214 million, or 73 cents, in the year-earlier quarter. The latest earnings from continuing operations were 67 cents a share compared with 37 cents a year earlier. The latest adjusted earnings from continuing operations were 72 cents a share. McGraw-Hill plans to sell its education division and has classified the unit as a discontinued operation. Revenue reached $1.23 billion, up from $1 billion. A survey of analysts by FactSet produced consensus estimates of profit of 68 cents a share on revenue of $1.32 million. And McGraw-Hill estimated that in 2013 it would earn an adjusted $3.10 to $3.20 a share, compared with $2.75 in 2012. FactSet's survey had been looking for $3.57 for the year.
| McGraw Hill Financial Inc | View mhp Stock Quote | |||
| McGraw Hill Financial Inc | View mhp Stock Quote | |||
| Start Premium Trial | Register For Free |
| P | F | Fund Financial Data (13,000+ funds) |
| P | F | Stock Financial Data (7,000+ stocks) |
| P | F | Stock and Fund Screeners (basic) |
| P | F | Investing Articles and Market Commentary |
| P | F | Articles Archive (>30 days) |
| P | F | Discuss (dozens of stock, fund, bond, and general bulletin boards) |
| P | F | Portfolio Manager (basic) |
| P | F | Morningstar Investment Classroom |
| P | F | Morningstar Investing Classroom Rewards (earn as you learn and redeem for Morningstar merchandise) |
| P | Morningstar Fund Analyst Reports (full research on 2,000 funds and ETFs) | |
| P | Morningstar Stock Analyst Reports (full research on 2,000 stocks) | |
| P | Morningstar Stock and Fund Stewardship Grades | |
| P | Portfolio Manager (advanced with 10 x-ray analyses, including guidance) | |
| P | Portfolio Monitor (monthly and on-demand personalized portfolio statements) | |
| P | Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more) | |
| P | Morningstar Stock and Fund Favorites & Red Flags eNewsletters | |
| P | Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you) | |
| P | Discounts on Morningstar newsletters, books, seminars, and more |