Houlihan Lokey Inc expected to post earnings of $1.14 a share - Earnings Preview

Houlihan Lokey

30/01/2024 21:24

* Houlihan Lokey Inc  HLI.N   HLI  is expected to show a
rise in
quarterly revenue when it reports  results on February 1 for the
period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 8.0% increase in revenue to $493.021 million from $456.5
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (SAL Majority is Total Revenue)
    * ​LSEG's mean analyst estimate for Houlihan Lokey Inc is
for
earnings of $1.14 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $130.00​, above​ its last closing price of $123.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.03        1.03       1.11      Beat    8
 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.        1.00        1.03       1.19      Beat    15.9
 30 2022                                                
 Jun. 30 2022  0.94        0.94       1.10      Beat    16.5​
 Mar. 31 2022  1.20        1.20       1.30      Beat    8.3
 Dec. 31 2021  2.19        2.18       2.90      Beat    32.8
 This summary was machine generated January 30 at 21:24 GMT.  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)