Houlihan Lokey Q4 Adj $1.27 Beats $1.23 Estimate, Sales $520.46M Beat $508.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Houlihan Lokey (NYSE:HLI) exceeded Q4 earnings and sales forecasts, reporting earnings of $1.27 per share and sales of $520.46M, surpassing estimates of $1.23 per share and $508.99M, respectively. This represents a 14.41% increase in earnings and a 17.02% increase in sales compared to the same period last year.
May 08, 2024 | 8:20 pm
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Houlihan Lokey reported Q4 earnings of $1.27 per share, beating estimates of $1.23, and sales of $520.46M, exceeding forecasts of $508.99M. This indicates strong financial performance and growth.
The positive earnings and sales beat by Houlihan Lokey indicate a strong financial performance and could lead to increased investor confidence, potentially driving the stock price up in the short term. The significant year-over-year growth in both earnings and sales further underscores the company's operational strength and market position, making this news highly relevant and important to investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100