Houlihan Lokey Inc expected to post earnings of $1.03 a share - Earnings Preview

Houlihan Lokey

24/10/2023 21:27

* Houlihan Lokey Inc  HLI.N   HLI  is expected to show a
fall in
quarterly revenue when it reports  results on October 26. 
    * The Los Angeles California-based  company is expected to
report 
a 8.1% decrease in revenue to $449.737 million from $489.54
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Houlihan Lokey Inc
is for
earnings of $1.03 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "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 Houlihan
Lokey
Inc is $111​, above​ its last closing price of $100.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.00        1.01       0.89      Missed  -12.1
 Mar. 31 2023  0.93        0.93       1.11      Beat    18.6
 Dec. 31 2022  1.10        1.15       1.14      Missed  -1.1​
 Sep. 30 2022  1.00        1.03       1.19      Beat    15.9
 ​​Jun.        0.94        0.94       1.10      Beat    16.5
 30 2022                                                
 Mar. 31 2022  1.20        1.20       1.30      Beat    8.3​
 Dec. 31 2021  2.19        2.18       2.90      Beat    32.8
 Sep. 30 2021  1.23        1.17       1.71      Beat    46.7
 This summary was machine generated October 24 at 20:27 GMT.  All
figures in US dollars  unless otherwise stated