Hamilton Lane Q4 Adj EPS $0.96 Beats $0.79 Estimate, Sales $112.79M Miss $118.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hamilton Lane (NASDAQ:HLNE) reported Q4 adjusted earnings of $0.96 per share, beating the analyst consensus estimate of $0.79 by 21.52%. However, quarterly sales of $112.79 million missed the estimate of $118.31 million by 4.67%.
May 25, 2023 | 11:04 am
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Hamilton Lane's Q4 adjusted earnings beat estimates by 21.52%, but sales missed estimates by 4.67%.
Hamilton Lane's Q4 earnings beat analyst estimates, which is a positive sign for the company. However, the missed sales estimate may offset the positive impact of the earnings beat. The mixed results make it difficult to predict a clear short-term price direction for the stock.
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