Houlihan Lokey (HLI) Q3 Earnings and Revenues Top Estimates

Core Insights - Houlihan Lokey (HLI) reported quarterly earnings of $1.94 per share, exceeding the Zacks Consensus Estimate of $1.85 per share, and up from $1.64 per share a year ago, representing an earnings surprise of +5.15% [1] - The company achieved revenues of $717.07 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.41% and increasing from $634.43 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 the stock's price movement will 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 $2.01 on revenues of $736.95 million, and for the current fiscal year, it is $7.81 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 40% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Houlihan Lokey's stock performance [5][6]