From Nasdaq: 2024-07-30 18:00:06

Houlihan Lokey (HLI) reported quarterly earnings of $1.22 per share, in line with estimates and up from $0.89 a year ago. The company’s revenues totaled $513.61 million, beating expectations. The stock has gained 23.2% year-to-date. Investors are now looking at the company’s future earnings outlook and estimate revisions to gauge its performance.

Ahead of the earnings release, Houlihan Lokey has a Zacks Rank #4 (Sell) due to unfavorable estimate revisions. The current consensus EPS estimate for the next quarter is $1.32 with revenues of $535.17 million. Investors should also consider industry trends as Financial – Miscellaneous Services ranks low.

PRA Group (PRAA) is set to release its quarterly results on August 5. The company is expected to post earnings of $0.05 per share, up 150% from last year, with revenues estimated at $244.95 million. Investors can benefit from stock picking strategies during earnings season to maximize profits.



Read more at Nasdaq: Houlihan Lokey (HLI) Q1 Earnings Meet Estimates