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

Hamilton Lane Incorporated

01/08/2023 19:11

* Hamilton Lane Inc  HLNE.OQ  reported quarterly adjusted
earnings
of 94 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 86 cents per share.
    * Revenue fell 7.7% to $125.04 million from a year ago;
analysts
expected $115.68 million. 
    * Hamilton Lane Inc's reported EPS for the quarter was 81
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Hamilton Lane Inc shares had risen by 10.6% this
quarter and
gained 38.4% so far this year.
    * The company reported quarterly net income of $31 million.
    * Wall Street's median 12-month price target for Hamilton
Lane Inc
is $84.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 06:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.86           0.94           Beat
 Mar. 31 2023      0.79           0.96           Beat
 Dec. 31 2022      0.81           0.43           Missed
 Sep. 30 2022      0.59           1.02           Beat