Houlihan Lokey Inc reports results for the quarter ended December 31 - Earnings Summary

Houlihan Lokey

28/01/2025 22:02

* Houlihan Lokey Inc  HLI.N  reported quarterly adjusted
earnings
of $1.64​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of $1.22.  The mean expectation of nine analysts for the quarter
was for earnings of $1.51 per share. Wall Street expected
results to range from $1.45  to $1.55 per share.
    * Revenue rose 24.1% to $634.43 million from a year ago;
analysts
expected $602.22 million. 
    * Houlihan Lokey Inc's reported EPS for the quarter was
$1.39​.
    * The company reported quarterly net income of $95.3
million.
    * Houlihan Lokey Inc shares had risen by 4.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the investment
banking
& brokerage services peer group is also "hold"

Wall Street's median 12-month price target for Houlihan Lokey
Inc is $188.50 
This summary was machine generated from LSEG data January 28 at
10:01 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.51           1.64           Beat
 Sep. 30 2024      1.31           1.46           Beat
 Jun. 30 2024      1.21           1.22           Beat
 Mar. 31 2024      1.23           1.27           Beat