Hamilton Lane Inc expected to post earnings of $1.10 a share - Earnings Preview

Hamilton Lane Incorporated

02/08/2024 15:14

* Hamilton Lane Inc  HLNE.OQ   HLNE.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Conshohocken Pennsylvania-based  company is expected
to
report a 22.1% increase in revenue to $152.693 million from
$125.04 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Hamilton Lane Inc is for
earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hamilton
Lane Inc
is $129.50​, below​ its last closing price of $140.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.03        1.01       1.38      Beat    36.2
 Jan. 1 2024   0.93        0.92       0.71      Missed  -22.8
 Sep. 30 2023  0.94        0.94       0.89      Missed  -5​
 Jan. 1 0001   0.86        0.86       0.94      Beat    9.7
 ​​Mar.        0.79        0.79       0.96      Beat    21.5
 31 2023                                                
 Dec. 31 2022  0.81        0.81       0.43      Missed  -46.8​
 Sep. 30 2022  0.59        0.59       1.02      Beat    72
 Jun. 30 2022  0.79        0.79       0.92      Beat    15.8
 This summary was machine generated August 2 at 14:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)