Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: OppFi, Hamilton Lane, and NexPoint Real Estate Finance Group 1: OppFi (OPFI) - OppFi provides a financial technology platform that helps consumers access credit and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for OppFi's current year earnings has increased by 23.3% over the last 60 days [1] - OppFi's shares have gained 26.8% over the last three months, significantly outperforming the S&P 500's gain of 2.1% [2] Group 2: Hamilton Lane (HLNE) - Hamilton Lane is an investment management firm offering private market solutions and also holds a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Hamilton Lane's current year earnings has increased by 6.4% over the last 60 days [2] - Hamilton Lane's shares have gained 18.1% over the last three months, again outperforming the S&P 500's gain of 2.1% [3] Group 3: NexPoint Real Estate Finance (NREF) - NexPoint Real Estate Finance is a real estate investment trust that invests in various types of loans and has a Zacks Rank 1 [4] - The Zacks Consensus Estimate for NexPoint's current year earnings has increased by 7.8% over the last 60 days [4] - NexPoint's shares have gained 5.9% over the last three months, also outperforming the S&P 500's gain of 2.1% [5]

Core Insights - Hamilton Lane (HLNE) reported a revenue of $196.73 million for the quarter ended June 2024, marking a year-over-year increase of 57.3% and an EPS of $1.51 compared to $0.94 a year ago, exceeding the Zacks Consensus Estimate of $149.84 million by 31.29% [1] Financial Performance Metrics - Fee Earning AUM - Customized Separate Accounts (CSA) stood at $38.22 billion, slightly below the average estimate of $38.73 billion from three analysts [3] - Total Fee Earning AUM was reported at $67.71 billion, compared to the average estimate of $68.45 billion from three analysts [3] - Fee Earning AUM - Specialized Funds (SF) reached $29.49 billion, compared to the average estimate of $29.73 billion [4] - Total AUM & AUA was $940.14 billion, below the average estimate of $947.99 billion from two analysts [4] - Assets Under Management (AUM) totaled $129.72 billion, slightly below the average estimate of $130.17 billion from two analysts [5] - Assets Under Advisement (AUA) amounted to $810.41 billion, compared to the average estimate of $817.82 billion from two analysts [6] Revenue Breakdown - Incentive fees revenue was $56.77 million, significantly higher than the average estimate of $21.54 million from three analysts [7] - Management and advisory fees from Customized Separate Accounts were $33.45 million, slightly below the average estimate of $33.60 million, reflecting a year-over-year increase of 5.5% [8] - Total management and advisory fees reached $139.96 million, exceeding the average estimate of $128.30 million, representing a year-over-year increase of 32.8% [8] - Management and advisory fees from Specialized Funds were $89.79 million, surpassing the average estimate of $79.44 million, with a year-over-year increase of 55.6% [9] - Fund reimbursement revenue was $3.31 million, significantly above the average estimate of $1.28 million, showing a year-over-year increase of 13.9% [10] - Distribution management revenue was $0.50 million, below the average estimate of $1.05 million, indicating a year-over-year decrease of 58.9% [11] Stock Performance - Hamilton Lane shares have returned +0.2% over the past month, contrasting with the Zacks S&P 500 composite's -6.7% change, with the stock currently holding a Zacks Rank 3 (Hold) [11]

Hamilton Lane (HLNE) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.53%. A quarter ago, it was expected that this privatemarket investment firm would post earnings of $1 per share when it actually produced earnings of $1.38, delivering a surprise of 38%. Over the last four quarte ...

CONSHOHOCKEN, Pa., Aug. 6, 2024 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the first fiscal quarter ended June 30, 2024. FIRST QUARTER FISCAL 2025 HIGHLIGHTS Assets under management – Total assets under management of $129.7 billion grew 11% year-over-year. Fee-earning assets under management increased 13% to $67.7 billion over the same period. Revenue – Management and advisory fees of $140.0 million for the quarter r ...

Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [1]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [2]. Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [3]. - R&D spending increased by 10% to accelerate innovation and product differentiation [4]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [1]. Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [2]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [3]. - Employee training programs were expanded, leading to a 10% increase in productivity [4]. Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [1]. - Launched a company-wide recycling program, diverting 50% of waste from landfills [2]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [3]. Corporate Governance - Appointed two new independent directors to the board, enhancing oversight and strategic guidance [4]. - Conducted a comprehensive review of corporate policies, resulting in improved compliance and risk management [1]. - Shareholder engagement initiatives were strengthened, with a 20% increase in attendance at the annual general meeting [2].

The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Estimate Revisions Trend The consensus EPS estima ...

Appointments underscore the firm's commitment to meet the growing interest of insurers in bolstering portfolios through broadened exposure to private markets CONSHOHOCKEN, Pa., July 29, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the creation of a dedicated Insurance Solutions team, formalizing its long-standing efforts to serve insurers and enhance its focus on investments and client support with the appointment of two senior team mem ...

Significantly Enhances Cosette's Ability to Drive Further Growth Through Investments in Business Development and R&D BRIDGEWATER, N.J. and CONSHOHOCKEN, Pa. and NEW YORK, July 17, 2024 /PRNewswire/ -- Avista Capital Partners ("Avista"), a leading New York-based private equity firm focused exclusively on healthcare, and Hamilton Lane, a leading global private markets investment management firm (Nasdaq: HLNE), today announced that funds managed by Hamilton Lane have acquired a significant equity interest in C ...

Company Overview - Hamilton Lane is one of the largest private markets investment firms globally, with over $920 billion in assets under management and supervision as of March 31, 2024 [2] - The firm has more than 30 years of experience dedicated exclusively to private markets investing and employs approximately 700 professionals across North America, Europe, Asia Pacific, and the Middle East [2] - Hamilton Lane specializes in building flexible investment programs that provide clients access to a wide range of private markets strategies, sectors, and geographies [2] Upcoming Financial Results - Hamilton Lane is scheduled to release financial results for the first fiscal quarter before the market opens on August 6, 2024 [3] - A conference call via webcast will be held at 11:00 a.m. ET on the same day to discuss the results [1][3] - The earnings release and detailed presentation will be available on the Hamilton Lane Shareholders website [3]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Bel ...