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HLNE — Hamilton Lane Incorporated News Story

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Hamilton Lane Inc reports results for the quarter ended June 30 - Earnings Summary

Hamilton Lane Inc HLNE.OQ reported quarterly adjusted earnings of $1.31​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.51.  The mean expectation of five analysts for the quarter was for earnings of $1.01 per share. Wall Street expected results to range from 86 cents to $1.08 per share.

Revenue fell 10.6% to $175.96 million from a year ago; analysts expected $170.78 million.

Hamilton Lane Inc's reported EPS for the quarter was $1.28​.

The company reported quarterly net income of $53.75 million.

Hamilton Lane Inc shares had risen by 6.2% this quarter and gained 1.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is  "buy."

Wall Street's median 12-month price target for Hamilton Lane Inc is $160.00, about 5.7% above its last closing price of $150.90

This summary was machine generated from LSEG data August 5 at 01:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.011.31Beat
Mar. 31 20251.171.21Beat
Dec. 31 20241.101.25Beat
Sep. 30 20241.091.07Missed

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