Hamilton Lane (HLNE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Hamilton Lane (HLNE) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for May 23, 2024, with expectations of quarterly earnings at $1 per share, reflecting a +4.2% change year-over-year. Revenues are projected to be $134.72 million, up 19.4% from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised 0.33% lower in the last 30 days, indicating a reassessment by analysts [4]. The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1% [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. However, Hamilton Lane currently holds a Zacks Rank of 4, complicating the prediction of an earnings beat [10][11]. Historical Performance - In the last reported quarter, Hamilton Lane was expected to post earnings of $0.88 per share but delivered $0.71, resulting in a surprise of -19.32%. Over the last four quarters, the company has beaten consensus EPS estimates twice [12][13]. Conclusion - While Hamilton Lane does not appear to be a compelling earnings-beat candidate, it is essential for investors to consider other factors when making decisions regarding the stock ahead of its earnings release [16].