Houlihan Lokey (HLI) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Houlihan Lokey (HLI) reported revenue of $717.07 million for the quarter ended December 2025, marking a year-over-year increase of 13% and exceeding the Zacks Consensus Estimate of $700.2 million by 2.41% [1] - The company's EPS for the same period was $1.94, up from $1.64 a year ago, and also surpassed the consensus EPS estimate of $1.85 by 5.15% [1] Financial Performance Metrics - The stock has returned +2.2% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change, and currently holds a Zacks Rank 3 (Hold) [3] - The number of managing directors in Corporate Finance was 238, below the average estimate of 247 [4] - In Financial and Valuation Advisory, the number of managing directors was 44, compared to the average estimate of 51 [4] - The revenue from Corporate Finance was $473.69 million, slightly below the estimated $475.38 million [4] - Revenue from Financial Advisory Services was $87.13 million, below the estimated $91.21 million [4] - Revenue from Financial Restructuring was $156.25 million, exceeding the estimated $133.61 million [4]