Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Houlihan Lokey, with a focus on how actual results compare to estimates impacting stock price movements [1] Earnings Expectations - Houlihan Lokey is expected to report quarterly earnings of $1.31 per share, reflecting an 18% increase year-over-year [2] - Revenues are projected to be $529.66 million, which is a 13.4% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised down by 1.53% over the last 30 days, indicating a reassessment by analysts [3] - The Most Accurate Estimate for Houlihan Lokey is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.43% [6] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - Houlihan Lokey currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [6] Historical Performance - In the last reported quarter, Houlihan Lokey met the expected earnings of $1.22 per share, showing no surprise [7] - Over the past four quarters, the company has beaten consensus EPS estimates three times [7] Conclusion - An earnings beat or miss may not solely dictate stock price movements, as other factors can influence investor sentiment [8] - Houlihan Lokey does not appear to be a compelling earnings-beat candidate, and investors should consider additional factors before making decisions [8]
Houlihan Lokey (HLI) Earnings Expected to Grow: What to Know Ahead of Q2 Release