Houlihan Lokey Q3 Adj EPS $1.22 Beats $1.14 Estimate, Sales $511.13M Beat $493.02M Estimate
Portfolio Pulse from totan@benzinga.com
Houlihan Lokey (NYSE:HLI) reported Q3 adjusted EPS of $1.22, surpassing the $1.14 estimate, and sales of $511.13M, exceeding the $493.02M estimate. This represents a 7.02% increase in EPS and an 11.97% increase in sales compared to the same period last year.
February 01, 2024 | 9:19 pm
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POSITIVE IMPACT
Houlihan Lokey reported a strong Q3 with EPS and sales beating estimates, indicating robust financial health and growth.
The positive earnings and sales beat by Houlihan Lokey suggest a strong financial performance, likely leading to increased investor confidence and potentially a positive short-term impact on the stock price. The significant year-over-year growth in both EPS and sales further reinforces the company's upward trajectory, making this news highly relevant and important for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100