Hamilton Lane Inc reports results for the quarter ended in December - Earnings Summary

Hamilton Lane Incorporated

07/02/2023 14:30

* Hamilton Lane Inc  HLNE.OQ  reported quarterly adjusted
earnings
of 43 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was
for earnings of 81 cents per share.
    * Revenue rose 38.6% to $127.07 million from a year ago;
analysts
expected $127.45 million. 
    * Hamilton Lane Inc's reported EPS for the quarter was 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Hamilton Lane Inc shares had risen by 23.1% this quarter.
    * The company reported quarterly net income of $9.67
million.
    * Wall Street's median 12-month price target for Hamilton
Lane Inc
is $73.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.81           0.43           Missed
 Sep. 30 2022      0.59           1.02           Beat
 Jun. 30 2022      0.79           0.92           Beat
 Mar. 31 2022      0.80           0.89           Beat