Houlihan Lokey: Fiscal Q3 Earnings Snapshot
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LOS ANGELES (AP) — LOS ANGELES (AP) — Houlihan Lokey Inc. (HLI) on Tuesday reported fiscal third-quarter earnings of $95.3 million.
On a per-share basis, the Los Angeles-based company said it had profit of $1.39. Earnings, adjusted for non-recurring costs, came to $1.64 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.
The investment banking company posted revenue of $634.4 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLI at https://www.zacks.com/ap/HLI
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