Market Overview

Houlihan Lokey: Q2 Earnings Insights

Share:

Shares of Houlihan Lokey (NYSE:HLI) were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 7.14% over the past year to $0.75, which beat the estimate of $0.55.

Revenue of $275,736,000 up by 1.07% year over year, which beat the estimate of $225,810,000.

Looking Ahead

Houlihan Lokey hasn't issued any earnings guidance for the time being.

Houlihan Lokey hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 29, 2020

Time: 05:00 PM

ET Webcast URL: https://services.choruscall.com/links/hli201029.html

Recent Stock Performance

Company's 52-week high was at $65.25

Company's 52-week low was at $42.86

Price action over last quarter: Up 14.36%

Company Profile

Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.

 

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Posted-In: Earnings