Overview

* Houlihan Lokey ( HLI ) fiscal Q1 rev of $605 mln beats analyst expectations

* Adjusted net income for fiscal Q1 beats estimates

* Co announces dividend of $0.60 per share for fiscal Q2

Outlook

* Company remains cautiously optimistic about building momentum in fiscal 2026

* Company cites benefits from diversified business model across industry and geography

Result Drivers

* CORPORATE FINANCE - Revenues increased 21% due to higher average transaction fees, driven by transaction mix

* FINANCIAL RESTRUCTURING - Revenues rose 9% due to favorable market conditions for restructuring transactions

* FINANCIAL AND VALUATION ADVISORY - Revenues grew 16% from expanding client base and scope of work

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $605.35 $567.60

Revenue mln mln (6

Analysts

)

Q1 EPS $1.42

Q1 Beat $148 mln $106.50

Adjusted mln (5

Net Analysts

Income )

Q1 Net $97.53

Income mln

Q1 EBIT $89.80

mln

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

* Wall Street's median 12-month price target for Houlihan Lokey Inc ( HLI ) is $195.00, about 1.1% above its July 28 closing price of $192.85

* The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)