Investment bank Houlihan Lokey Q2 revenue beats estimates helped by rise in M&A activity

Houlihan Lokey

30/10/2025 20:23

Overview

Houlihan Lokey fiscal Q2 revenue of $659 mln beats analyst expectations, per LSEG data

Adjusted net income for fiscal Q2 beats estimates, reflecting strong segment performance

Company announces $0.60 per share dividend for fiscal Q3

Outlook

Company did not provide specific future guidance in the statement

Result Drivers

CORPORATE FINANCE - Revenues increased 21% due to more closed transactions driven by favorable M&A and Capital Solutions market conditions

FINANCIAL RESTRUCTURING - Revenues rose 2% due to more closed transactions amid favorable restructuring market conditions

VALUATION ADVISORY - Revenues grew 10% driven by increased Fee Events and improvements in M&A markets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$659.45 mln
$648.14 mln (6 Analysts)
Q2 EPS
$1.63
Q2 Adjusted Net Income
Beat
$127 mln
$115.86 mln (5 Analysts)
Q2 Net Income
$111.78 mln
Q2 EBIT
$151.34 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "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 6.9% above its October 29 closing price of $198.38

Press Release: ID:nBw5kF0yta

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