Houlihan Lokey (HLI) Tops Q2 EPS by 15c

Go back to Houlihan Lokey (HLI) Tops Q2 EPS by 15c

Seaport Global Securities Reiterates Neutral Rating on Houlihan Lokey (HLI)

November 1, 2024 5:51 AM EDT

Seaport Global Securities analyst Jim Mitchell reiterated a Neutral rating on Houlihan Lokey (NYSE: HLI).

The analyst comments "FY2025E/FY2026E EPS increased to $5.75/$6.60 from $5.50/$6.40. FY2Q25 adjusted EPS of $1.46 was above our $1.28 and the consensus of $1.31, with revenue upside across all businesses, particularly in corporate finance. Looking forward, management noted that it sees favorable momentum across its M&A, capital markets advisory, and FVA businesses. In M&A, management noted that the environment has continued to improve each month, and that new business generation is strong. And while the... More