Houlihan Lokey Inc expected to post earnings of $1.21 a share - Earnings Preview

Houlihan Lokey

26/07/2024 23:58

* Houlihan Lokey Inc  HLI.N   HLI  is expected to show a
rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Los Angeles California-based  company is expected to
report
a 22.3% increase in revenue to $508.673 million from $415.83
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Houlihan Lokey Inc is
for
earnings of $1.21 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 $148.00​, below​ its last closing price of $149.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.24        1.23       1.27      Beat    3.7
 Dec. 31 2024  1.14        1.14       1.22      Beat    6.6
 Sep. 30 2023  1.03        1.03       1.11      Beat    8​
 Jun. 30 2023  1.00        1.01       0.89      Missed  -12.1
 ​​Jan.        0.93        0.93       1.11      Beat    18.6
 1 0001                                                 
 Dec. 31 2022  1.10        1.15       1.14      Missed  -1.1​
 Sep. 30 2022  1.00        1.03       1.19      Beat    15.9
 Jan. 1 0001   0.94        0.94       1.10      Beat    16.5
 This summary was machine generated July 26 at 22:58 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)