Houlihan Lokey, Inc. (NYSE:HLI) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 30th.

Houlihan Lokey (NYSE:HLI) last announced its earnings results on Tuesday, July 25th. The financial services provider reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.06. Houlihan Lokey had a return on equity of 18.63% and a net margin of 14.10%. The firm had revenue of $217.00 million for the quarter, compared to analysts’ expectations of $203.21 million. During the same quarter in the previous year, the company earned $0.35 earnings per share. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. On average, analysts expect Houlihan Lokey to post $2.02 EPS for the current fiscal year and $2.17 EPS for the next fiscal year.

Shares of Houlihan Lokey, Inc. (NYSE HLI) traded down 0.82% during midday trading on Monday, reaching $41.22. The company had a trading volume of 8,146 shares. The company has a market capitalization of $2.76 billion, a P/E ratio of 21.37 and a beta of 0.36. The firm’s 50 day moving average price is $38.42 and its 200-day moving average price is $35.78. Houlihan Lokey, Inc. has a 12 month low of $23.19 and a 12 month high of $41.78.

In other Houlihan Lokey news, major shareholder Orix Hlhz Holding Llc sold 686,760 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.26, for a total value of $24,901,917.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 69.70% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Houlihan Lokey, Inc. (HLI) Scheduled to Post Quarterly Earnings on Monday” was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/23/houlihan-lokey-inc-hli-scheduled-to-post-quarterly-earnings-on-monday.html.

A number of brokerages have issued reports on HLI. ValuEngine raised shares of Houlihan Lokey from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. J P Morgan Chase & Co began coverage on shares of Houlihan Lokey in a research note on Tuesday, September 12th. They issued an “overweight” rating and a $42.00 price objective on the stock. Zacks Investment Research raised shares of Houlihan Lokey from a “sell” rating to a “hold” rating and set a $41.00 price objective on the stock in a research note on Wednesday, July 12th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Houlihan Lokey in a research note on Sunday, August 27th. Finally, BidaskClub cut shares of Houlihan Lokey from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Houlihan Lokey has an average rating of “Buy” and a consensus target price of $40.50.

About Houlihan Lokey

Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting.

Earnings History for Houlihan Lokey (NYSE:HLI)

Receive News & Ratings for Houlihan Lokey Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houlihan Lokey Inc. and related companies with MarketBeat.com's FREE daily email newsletter.