Houlihan Lokey (HLI) Beats Q2 Earnings and Revenue Estimates

Houlihan Lokey (HLI) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.88%. A quarter ago, it was expected that this investment banking company would post earnings of $1.69 per share when it actually produced earnings of $2.14, delivering a surprise of +26.63%.Over the last four quar ...