Houlihan Lokey Q3 revenue rises 13%, beats estimates

Houlihan Lokey

28/01/2026 21:23

Overview

Investment bank's fiscal Q3 revenue grew 13%, beating analyst expectations

Adjusted EPS for fiscal Q3 beat analyst expectations

Company announced a $0.60 per share dividend for Q4 fiscal 2026

Result Drivers

CORPORATE FINANCE GROWTH - Revenue increased 12% due to higher average transaction fees and more closed transactions, driven by favorable market conditions

FINANCIAL RESTRUCTURING GROWTH - Revenue rose 19% due to higher average transaction fees, influenced by transaction mix

INVESTOR SENTIMENT - CEO Scott Adelson cited improving investor sentiment and private equity market acceleration as beneficial factors

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$717.07 mln
$700.37 mln (7 Analysts)
Q3 Adjusted EPS
Beat
$1.94
$1.87 (10 Analysts)
Q3 EPS
$1.70
Q3 Adjusted Net Income
Beat
$133 mln
$130.16 mln (6 Analysts)
Q3 Net Income
$116.55 mln
Q3 EBIT
$160.73 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

Wall Street's median 12-month price target for Houlihan Lokey Inc is $213.00, about 18.6% above its January 27 closing price of $179.65

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nBw4h7h2qa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)