Recap: Houlihan Lokey Q3 Earnings

Shares of Houlihan Lokey HLI were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 101.14% year over year to $1.77, which beat the estimate of $1.00.

Revenue of $537,876,000 rose by 61.27% from the same period last year, which beat the estimate of $345,250,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jan 28, 2021

Time: 05:00 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/hli/mediaframe/42985/indexr.html

Recent Stock Performance

52-week high: $73.26

52-week low: $42.86

Price action over last quarter: Up 8.01%

Company Overview

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.