Houlihan Lokey(US:HLI) ZACKSยท2024-07-30 23:01Company Performance - Houlihan Lokey has surpassed consensus EPS estimates three times over the last four quarters [1] - The company reported quarterly earnings of $1.22 per share, matching the Zacks Consensus Estimate, compared to $0.89 per share a year ago [11] - Revenues for the quarter ended June 2024 were $513.61 million, exceeding the Zacks Consensus Estimate by 0.97% and up from $415.83 million year-over-year [12] Industry Context - The Financial - Miscellaneous Services industry, to which Houlihan Lokey belongs, is currently ranked in the bottom 42% of over 250 Zacks industries [4] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.32 on revenues of $535.17 million, and for the current fiscal year, it is $5.63 on revenues of $2.23 billion [9] - The estimate revisions trend for Houlihan Lokey is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [14]