Houlihan Lokey (HLI) Beats Q2 Earnings and Revenue Estimates

Core Insights - Houlihan Lokey (HLI) reported quarterly earnings of $1.84 per share, exceeding the Zacks Consensus Estimate of $1.69 per share, and showing an increase from $1.46 per share a year ago, resulting in an earnings surprise of +8.88% [1] - The company achieved revenues of $659.45 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.78% and up from $574.96 million year-over-year [2] - Houlihan Lokey has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Houlihan Lokey's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.87, with projected revenues of $714.37 million, and for the current fiscal year, the EPS estimate is $7.64 on revenues of $2.7 billion [7] Industry Context - The Financial - Miscellaneous Services industry, to which Houlihan Lokey belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook for stocks in this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]