Houlihan Lokey Inc reports results for the quarter ended in September - Earnings Summary

Houlihan Lokey

27/10/2023 01:23

* Houlihan Lokey Inc  HLI.N  reported quarterly adjusted
earnings
of $1.11​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of $1.03 per share.
    * Revenue fell 4.6% to $466.99 million from a year ago;
analysts
expected $449.74 million. 
    * Houlihan Lokey Inc's reported EPS for the quarter was 99
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Houlihan Lokey Inc shares had fallen by 9.5% this
quarter and
gained 11.2% so far this year.
    * The company reported quarterly net income of $67.03
million.
    * Wall Street's median 12-month price target for Houlihan
Lokey
Inc is $111.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 12:22 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.03           1.11           Beat
 Jun. 30 2023      1.01           0.89           Missed
 Mar. 31 2023      0.93           1.11           Beat
 Dec. 31 2022      1.15           1.14           Missed