Lower Transaction Fees to Hurt Houlihan Lokey's (HLI) Q3 Earnings

Houlihan Lokey, Inc. (HLI) is scheduled to release third-quarter fiscal 2024 results on Feb 1, 2024, after market close. Q3 EstimatesThe Zacks Consensus Estimate for Houlihan Lokey’s third-quarter fiscal 2024 earnings per share is pegged at $1.12, which indicates a 1.8% decline from the prior-year quarter’s reported figure.The consensus mark for revenues is pegged at $484 million, suggesting 6.1% growth from the year-ago quarter’s reported number.Earnings Surprise HistoryHoulihan Lokey’s bottom line beat es ...