GRAHAM HOLDINGS COMPANY REPORTS 2025 AND FOURTH QUARTER EARNINGS ARLINGTON, VA - Graham Holdings Company (NYSE: GHC) today reported its financial results for the fourth quarter and full year of 2025. The Company also filed its Form 10-K today for the year ended December 31, 2025 with the Securities and Exchange Commission. Division Operating Results Exhibit 99.1 Contact: Wallace R. Cooney For Immediate Release (703) 345-6470 February 25, 2026 Revenue for 2025 was $4,911.6 million, up 3% from $4,790.9 millio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-06714 Graham Holdings Company (Exact name of registrant as specified in its charter) Delaware 53-0182885 (State or other jurisdiction of incorporation or organization) (I.R.S. Em ...

Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Longleaf experienced several environments throughout its experience in small-cap investing. This year, the underlying developments in the Fund’s holdings were more promising than the actual stock price returns when compared to the target of inflation plus 10% and the unusual performance of the Russell 2000. In Q4 2025, the Fund returned ...

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分组1 - Graham reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, and showing an increase from $0.18 per share a year ago, resulting in an earnings surprise of +78.88% [1] - The company achieved revenues of $56.7 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 10.37%, compared to $47.04 million in the same quarter last year [2] - Graham has outperformed the S&P 500, with shares increasing by about 14.8% since the beginning of the year, while the S&P 500 has declined by 0.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $63.49 million, and for the current fiscal year, it is $1.29 on revenues of $236.2 million [7] - The Manufacturing - General Industrial industry, to which Graham belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Core Viewpoint - Graham Corporation reported its financial results for the third quarter of fiscal year 2026, highlighting its position as a leader in critical technologies for various industries [1]. Financial Performance - The company’s financial results for the third quarter indicate significant performance metrics, although specific figures were not detailed in the provided text [1]. - The fiscal year ending March 31, 2026, is emphasized as a key period for the company [1]. Leadership Commentary - Matthew J. Malone, President and CEO of Graham Corporation, provided insights on the third quarter results, indicating a positive outlook for the company [1].

Company Overview - Graham (GHM) is expected to report earnings for the quarter ended December 2025, with a consensus estimate of $0.17 per share, reflecting a year-over-year decline of 5.6% [3] - Revenues are anticipated to be $51.37 million, which represents a 9.2% increase from the previous year [3] Earnings Expectations - The earnings report is scheduled for release on February 6, and the stock price may rise if actual results exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has been revised down by 2.95% over the last 30 days, indicating a bearish sentiment among analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model indicates that Graham has an Earnings ESP of -88.46%, suggesting analysts have become more pessimistic about the company's earnings prospects [12] - The stock currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [12] Historical Performance - In the last reported quarter, Graham was expected to post earnings of $0.33 per share but delivered $0.31, resulting in a surprise of -6.06% [13] - Over the past four quarters, Graham has beaten consensus EPS estimates three times [14] Industry Comparison - RBC Bearings (RBC), a peer in the Zacks Manufacturing - General Industrial industry, is expected to report earnings of $2.85 per share, reflecting a year-over-year increase of 21.8% [18] - RBC's revenues are projected to be $461.12 million, up 16.9% from the previous year, with a consensus EPS estimate revised 0.9% higher in the last 30 days [19]

Core Insights - Piper Sandler's "Macro Select" stock-picking model significantly outperformed the S&P 500 in 2025, achieving a return of approximately 22% compared to the S&P 500's 16% gain [1] - The updated Macro Select list for 2026 focuses on stocks with strong earnings surprises, earnings revisions, attractive earnings yield, and high return on equity (ROE) [3] Stock Performance - AT&T Inc. (Ticker: T) in the Communication Services sector had a 1-year return of 10% [5] - Graham Holdings (Ticker: GHC) in the Consumer Discretionary sector had a 1-year return of 4% [6] - Par Pacific Holdings (Ticker: EAT) in the Consumer Discretionary sector had a 1-year return of 12% [7] - Deluxe Corporation (Ticker: PARR) in the Energy sector had a 1-year return of 13% [8] - Mueller Water Products (Ticker: MWA) in the Industrials sector had a 1-year return of 14% [10] - Kilroy Realty (Ticker: KRC) in the Real Estate sector had a 1-year return of 6% [11] - UGI Corporation (Ticker: UGI) in the Utilities sector had a 1-year return of 33% [12] - Clearway Energy (Ticker: CWEN) in the Utilities sector had a 1-year return of 23% [13]

Company Overview - Graham (GHM) shares increased by 7.3% to close at $69.5, with a notable trading volume indicating strong investor interest [1] - The stock has experienced a 16.9% gain over the past four weeks, reflecting positive market sentiment [1] Market Drivers - The rally in Graham's stock is primarily attributed to optimism regarding its performance in defense, energy, and process markets, bolstered by a robust U.S. defense budget and increased sales in China [1] - The upcoming quarterly earnings report is expected to show earnings of $0.25 per share, representing a year-over-year increase of 38.9%, with revenues projected at $51.06 million, up 8.6% from the previous year [2] Earnings Estimates and Trends - The consensus EPS estimate for Graham has remained unchanged over the last 30 days, indicating stability in earnings expectations [3] - Historical data suggests that stock prices typically do not continue to rise without trends in earnings estimate revisions, highlighting the importance of monitoring future earnings updates for Graham [3] Industry Context - Graham operates within the Zacks Manufacturing - General Industrial industry, where Generac Holdings (GNRC) is another key player, currently holding a Zacks Rank of 4 (Sell) with an unchanged EPS estimate of $1.82, reflecting a year-over-year decline of 35% [3][4]

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