Hamilton Lane (HLNE) Tops Q3 Earnings and Revenue Estimates

Group 1 - Hamilton Lane reported quarterly earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of $1.12 per share, and showing a significant increase from $0.71 per share a year ago, representing an earnings surprise of 11.61% [1] - The company achieved revenues of $168.26 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 7.21%, and up from $125.26 million year-over-year [2] - Hamilton Lane has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Group 2 - The stock has gained approximately 6.7% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.19, with expected revenues of $165.89 million, and for the current fiscal year, the estimate is $4.88 on revenues of $669.6 million [7] - The Zacks Industry Rank places Financial - Investment Management in the bottom 28% of over 250 Zacks industries, indicating potential challenges for stock performance [8]