Houlihan Lokey Q1 Adj EPS $0.89 Misses $1.01 Estimate, Sales $415.83M Miss $434.84M Estimate
Portfolio Pulse from vinayak@benzinga.com
Houlihan Lokey (NYSE:HLI) reported Q1 earnings of $0.89 per share, missing the analyst consensus estimate of $1.01 by 11.88%. This is a 19.09% decrease from the same period last year. The company also reported quarterly sales of $415.83 million, missing the analyst consensus estimate of $434.84 million by 4.37%, a 0.67% decrease from the same period last year.
July 27, 2023 | 8:30 pm
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Houlihan Lokey's Q1 earnings and sales missed analyst estimates, indicating a potential negative impact on the company's stock.
Houlihan Lokey's Q1 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100