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McGraw-Hill Companies: Consolidated Q3 2012 Revenues Up 2%

The McGraw-Hill Companies (NYSE: MHP) reported third quarter revenue of $1,953 million, an increase of 2% compared to the same period last year.  McGraw-Hill Financial reported a 15% increase and McGraw-Hill Education reported an 11% decline.  Net income from continuing operations decreased 14% to $314 million and diluted earnings per share decreased 9% to $1.10.

McGraw-Hill Financial:  The large decline in the education segment masked the stellar performance of the businesses that make up what will be the new McGraw-Hill Financial reported revenue of $1,117 million and adjusted segment operating profit of $402 million, an increase of 15% and 21%, respectively, compared to the same period a year ago. (for further details log on).

Source: McGraw-Hill Companies  

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