Hamilton Lane Inc expected to post earnings of 86  cents a share - Earnings Preview

Hamilton Lane Incorporated

28/07/2023 17:38

* Hamilton Lane Inc  HLNE.OQ   HLNE.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 1. 
    * The Conshohocken Pennsylvania-based  company is expected
to
report  a 14.6% decrease in revenue to $115.681 million from
$135.51 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hamilton Lane Inc
is for
earnings of 86 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $84​, below​ its last closing price of $87.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.79        0.79       0.96      Beat    21.5
 Dec. 31 2023  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
 ​​Mar.        0.82        0.80       0.89      Beat    11.7
 31 2022                                                
 Dec. 31 2021  0.91        0.91       1.27      Beat    40.2​
 Sep. 30 2021  1.07        1.05       1.38      Beat    31.6
 Jun. 30 2021  0.70        0.68       0.84      Beat    22.9
 This summary was machine generated July 28 at 16:38 GMT.  All
figures in US dollars  unless otherwise stated