Brace yourselves for the unveiling of Houlihan Lokey's (NYSE: HLI) second quarter financial results on Wednesday 30th October 2024. This eagerly awaited announcement will take place after market close.
Based on the predictions of financial experts on Wall Street, the firm is expected to reveal an anticipated $1.31 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $537.89 million for the quarter.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.11. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $466.99 million during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $2.25 billion. Additionally, they are expecting the company to achieve per share profit of $5.56 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q1 2025 | $1.22 | +37.1% | 513.61 M | +23.5% |
| Q4 2024 | $1.27 | +14.4% | 520.46 M | +17.0% |
| Q3 2024 | $1.22 | +7.0% | 511.13 M | +12.0% |
| Q2 2024 | $1.11 | -6.7% | 466.99 M | -4.6% |
| Q1 2024 | $0.89 | -19.1% | 415.83 M | -0.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the second quarter financial results on 30th October 2024 at 05:00 PM eastern time, in a conference call with public.
Houlihan Lokey (HLI) closed Monday's regular trading session at $168.11, indicating a 1.26 percent advance. The stock fluctuated between $166.52 and $169.35 during the day, with a volume of 229.20 thousand shares.
