Houlihan Lokey (HLI) Tops Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - Houlihan Lokey reported quarterly earnings of $1.96 per share, exceeding the Zacks Consensus Estimate of $1.61 per share, and up from $1.27 per share a year ago, representing an earnings surprise of 21.74% [1] - The company posted revenues of $666.42 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.42%, compared to year-ago revenues of $520.46 million [2] Group 2: Market Performance - Houlihan Lokey shares have declined approximately 6.2% since the beginning of the year, while the S&P 500 has seen a decline of 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.50 on revenues of $598.13 million, and for the current fiscal year, it is $6.81 on revenues of $2.64 billion [7] Group 3: Industry Outlook - The Financial - Miscellaneous Services industry, to which Houlihan Lokey belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges ahead [8] - The estimate revisions trend for Houlihan Lokey is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting it may underperform the market in the near future [6]