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

Hamilton Lane Incorporated

25/05/2023 14:31

* Hamilton Lane Inc  HLNE.OQ  reported quarterly adjusted
earnings
of 96 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 79 cents per share.
    * Revenue rose 14.5% to $112.79 million from a year ago;
analysts
expected $118.31 million. 
    * Hamilton Lane Inc's reported EPS for the quarter was 82
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Hamilton Lane Inc shares had fallen by 10.0% this
quarter and
gained 4.3% so far this year.
    * The company reported quarterly net income of $31.09
million.
    * Wall Street's median 12-month price target for Hamilton
Lane Inc
is $78.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.79           0.96           Beat
 Dec. 31 2022      0.81           0.43           Missed
 Sep. 30 2022      0.59           1.02           Beat
 Jun. 30 2022      0.79           0.92           Beat