Houlihan Lokey (HLI) came out with quarterly earnings of 1.46pershare,beatingtheZacksConsensusEstimateof1.31 per share. This compares to earnings of 1.11pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof11.451.22 per share when it actually produced earnings of $1.22, delivering no surprise. Over the last four quarters, th ...