LOS ANGELES (AP) — LOS ANGELES (AP) — Houlihan Lokey Inc. (HLI) on Tuesday reported fiscal first-quarter profit of $97.5 million.
The Los Angeles-based company said it had profit of $1.42 per share. Earnings, adjusted for non-recurring costs, were $2.14 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.
The investment banking company posted revenue of $605.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $588.6 million.
_____
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
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
