Latest news with #HLI
Yahoo
23-05-2025
- Business
- Yahoo
Houlihan Lokey Shares Up Since Q4 Earnings Beat Estimates
Houlihan Lokey, Inc. HLI shares have risen 5.4% since the company reported its fiscal fourth-quarter results on May 7, 2025. The quarterly results gained from growth in its corporate finance, financial and valuation advisory, and financial restructuring businesses. However, higher expenses partially offset the upsides. HLI reported fiscal fourth-quarter 2025 adjusted earnings per share (EPS) of $1.96, which outpaced the Zacks Consensus Estimate by 21.7%. The bottom line advanced 54% year over year. Total revenues improved 28% year over year to $666.4 million in the quarter under review. The top line beat the Zacks Consensus Estimate by 6.4%. Houlihan Lokey, Inc. price-consensus-eps-surprise-chart | Houlihan Lokey, Inc. Quote Income before provision for income taxes increased 27.3% year over year to $150.3 million. Total operating expenses rose 26.2% year over year to $527.2 million. The year-over-year rise was due to higher employee compensation and benefits, and non-compensation expenses. The adjusted compensation expense ratio remained stable at 61.5%. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) Corporate Finance: Revenues advanced 43.5% year over year to $412.7 million in the fiscal fourth quarter. The segment benefited from improved average transaction fees on closed transactions, driven by transaction mix in the quarter. It also advanced due to an increase in the number of closed transactions. Managing Directors rose 7.6%, and closed transactions jumped 21.5% year over year in the quarter. Financial Restructuring: The unit's revenues improved 5.9% year over year in the quarter under review. The segment benefited from an improved number of closed transactions and average transaction fees on closed transactions. Managing Directors and closed transactions rose 5.6% and 8.6%, respectively, in the fiscal fourth quarter. Financial and Valuation Advisory: The segment's revenues improved 15.1% year over year in the quarter under review due to a rise in the number of fee events. Improving M&A markets affecting service lines within this segment led to an improvement in the number of fee events. Managing Directors rose 7.7% in the fiscal fourth quarter. Total revenues increased 24.8% year over year to $2.4 billion in fiscal 2025. Total operating expenses rose 21.7% year over year to $1.9 billion in fiscal 2025. Adjusted EPS rose 40.1% year over year to $6.29 in fiscal 2025. Houlihan Lokey exited the fiscal fourth quarter with cash and cash equivalents of $971 million, which rose from $721.2 million at fiscal 2024-end. Total assets of $3.8 billion increased from $3.2 billion at 2024-end. Operating lease liabilities of $438.2 million increased from $415.4 million at the end of fiscal 2024. Total equity of $2.2 billion rose from $1.8 billion at fiscal 2024-end. HLI increased its cash dividend by 5% to 60 cents per share. The dividend will be paid out on June 15, 2025 to shareholders of record as of June 2. HLI currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Finance space are Horace Mann Educators Corp HMN, EverQuote Inc. EVER and Heritage Insurance Holdings Inc. HRTG, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Horace Mann Educators' current-year earnings of $4.01 per share has witnessed two upward revisions in the past 30 days against none in the opposite direction. Horace Mann Educators beat earnings estimates in three of the trailing four quarters and met once, with the average surprise being 24.1%. The consensus estimate for current-year revenues is pegged at $1.7 billion, implying 6.6% year-over-year growth. The Zacks Consensus Estimate for EverQuote's current-year earnings is pegged at $1.17 per share. EverQuote beat earnings estimates in each of the trailing four quarters, with the average surprise being 122.6%. The consensus estimate for current-year revenues is pegged at $644.1 million, suggesting 28.8% year-over-year growth. The Zacks Consensus Estimate for Heritage Insurance's current-year earnings of $3.25 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. Heritage Insurance beat earnings estimates in each of the trailing four quarters, with the average surprise being 363.2%. The consensus estimate for current-year revenues is pegged at $854.9 million, calling for 4.6% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EverQuote, Inc. (EVER) : Free Stock Analysis Report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report Heritage Insurance Holdings, Inc. (HRTG) : Free Stock Analysis Report Houlihan Lokey, Inc. (HLI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Houlihan Lokey Inc (HLI) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic ...
Release Date: May 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Houlihan Lokey Inc (NYSE:HLI) reported record annual revenue of $2.4 billion for fiscal year 2025, marking a 25% increase from the previous year. The company achieved a 28% increase in quarterly revenue and a 54% rise in adjusted earnings per share compared to the same quarter last year. HLI successfully executed three acquisitions during the year, expanding its industry, geographic, and product reach, which contributed significantly to its growth. The Corporate Finance division saw a 44% increase in revenue for the quarter, with the average transaction fee and transaction size both growing. The company rebranded its capital markets business to 'Capital Solutions,' reflecting its strategic expansion and diversification into high-growth, less volatile revenue streams. Negative Points The company faces challenges in forecasting due to current market volatility, making it difficult to predict future performance accurately. Despite strong results, the financial restructuring business is subject to cyclical fluctuations, which could impact future revenue consistency. Adjusted non-compensation expenses increased to $85 million for the quarter, reflecting higher costs associated with headcount growth and technology investments. The adjusted compensation expense ratio remained high at 61.5%, indicating significant costs related to employee compensation. The company anticipates high single-digit growth in adjusted non-compensation expenses for fiscal 2026, which could pressure profit margins if revenue growth does not keep pace. Q & A Highlights Q: Can you provide insights on how revenues have been tracking quarter-to-date and any differences between sponsor and strategic clients? A: Scott Adelson, CEO: It's too early to provide meaningful indications due to the volatile environment. However, pitch level activity and deals are moving at a normal rate. Certain sectors and geographies are more impacted than others. Q: How do you view the restructuring market, particularly in terms of liability management versus Chapter 11? A: Scott Adelson, CEO: We expect restructuring to remain at elevated levels, and recent events have reinforced this outlook. The mix of restructuring types is less relevant as they are all considered restructurings. Q: What are your thoughts on the fundraising trends for private equity, especially for smaller firms? A: Scott Adelson, CEO: The primary fundraising business has been constrained due to inadequate capital recycling. However, there are various ways to fill these voids, such as continuation funds and direct selling.
Washington Post
07-05-2025
- Business
- Washington Post
Houlihan Lokey: Fiscal Q4 Earnings Snapshot
LOS ANGELES — LOS ANGELES — Houlihan Lokey Inc. (HLI) on Wednesday reported fiscal fourth-quarter profit of $121.9 million. The Los Angeles-based company said it had profit of $1.76 per share. Earnings, adjusted for non-recurring costs, were $1.96 per share.
CNBC
30-04-2025
- Health
- CNBC
36-year-old happiness researcher shares what it means—and what it takes—to be happy: 'Don't just worry about yourself'
At just 16, Michael Plant became interested in what people could do to maximize happiness, so he started studying philosophy. Two decades later, Plant, 36, is a global happiness researcher at the Happier Lives Institute, which publishes the annual World Happiness Report. As the founder and research director of HLI and a postdoctoral research fellow at the University of Oxford's Wellbeing Research Centre, Plant knows a lot about what makes people happier. Happiness, Plant says, is "the experience of feeling good overall. I think it's that simple." Here's what he does every day to maximize his own happiness and overall wellbeing. Plus, his biggest takeaways from the research he's conducted about what it means to be happy — and what it Make It: What is the No. 1 lesson you've learned about happiness? That's a really hard question to answer because you want to say something that is novel, evidence-based and life-changing, and it's pretty hard to come up with something that is all three of those. I think I'd say two things. The first is about the importance of mental health. When you look at the data, mental health has so much of a bigger effect than we seem to believe it does. So, tip number one is don't get depressed. I say that as half a joke, because, of course, people don't choose that, but it really is one of the worst things for you. And if you are depressed, go talk to your friends, talk to a doctor. Therapy does work. The second thing is that a lot of our discussion about happiness is overly self-centered. I think if you want to live a happy life, then don't just worry about yourself. You want to worry about making a difference in other people's lives. We want to be connected and useful to other people. What are some of the practices that stand out as actually helping people feel true happiness? Think about the quality of your connections with other people. Do you have a partner that loves you? Do you have friends who care about you and who you can share things with? Then, branch out: Do you have weaker ties with people who you see every now and then, who make you feel like part of a community? You have to actively work to form social bonds. What are your daily habits for your overall well-being? I wake up and I try to be grateful for things, and I don't always succeed. I have my coffee and stare out of the window and see what's going on in the lives of people opposite me. And what do we spend most of our lives doing? Working. I feel extremely lucky that I have a job where I feel like what I'm doing is useful and that I have good colleagues. We have good relationships with each other, and that's really important and rejuvenating. I would hate to be, say, a corporate lawyer. I know that would be higher in status, and I would earn many times more, but I wouldn't enjoy my life day by day. That's the distinctive thing. On this odd entrepreneurial journey, I'm doing something that I think is important. I would recommend that to others. It's not always easy, but I think it's quite rewarding. And then I have a habit of exercising basically every day, so I will make sure I get out of the house and do things. Can you share the things you do to improve your mood and feel happier? I have this mental checklist I run through that I write down. So if I'm in a bad mood, I check it. Have I eaten something? Have I left the house? Have I spoken to someone? And have I exercised? Once I've run through those four, if I'm not feeling better, then it's quite serious. For the big things, I talk to my fiancé. And I actually just recently stopped seeing a therapist, but I quite regularly see a therapist. That helps shift the bigger things that you don't want to necessarily burden your partner or your friends with. How do you manage stress during tumultuous times? Something that's worth saying is that I may be a happiness researcher and sort of obsessive, but I get upset, stressed and angry. All of these things happen. These are the unavoidable bits of life. I use the serenity prayer. When I'm not sure what to do, that often comes to mind. So 'Can I do anything about what I'm worried about, or do I just need to accept it?' And often the challenge is knowing which one of the two it is. But often I'll realize that, 'Okay, I'm annoyed about this, but I can't actually do much about it.' I then try and get myself out of the house, get some exercise, eat something or talk to my partner as a way to try to manage stress. People talk about 'good vibes only.' And actually, I don't think that's reasonable. We should try for good vibes mostly.
Yahoo
22-03-2025
- Business
- Yahoo
Houlihan Lokey (HLI): Among Stocks Wall Street Is Calling Bullish Amid Market Turmoil
We recently published a list of . In this article, we are going to take a look at where Houlihan Lokey, Inc. (NYSE:HLI) stands against other stocks that Wall Street is calling bullish amid market turmoil. The S&P 500 is down 8.6% in a month while the Nasdaq has lost nearly 13%. Markets continue to scare retail investors as stock after stock struggles to deal with the aftermath of Donald Trump's unpredictable and aggressive policies. While it is advisable to stay out of the market till the dust settles, one also can't deny that it is times like these that bring opportunities. We decided to come up with a list of stocks that are expected to go up even in the existing gloomy environment. To come up with the list of 10 stocks that Wall Street is bullish on, we looked at stocks that were recently upgraded by analysts and have performed well in the last 5 days of trading. A close-up of hands shaking to signify a newly negotiated financial restructuring transaction. Houlihan Lokey, Inc. (NYSE:HLI) operates as an investment banking company and offers merger and acquisition (M&A), financial and valuation advisory, and other services. The company operates through Corporate Finance (CF), Financial and Valuation Advisory (FVA), and Financial Restructuring (FR) segments. The investment banking firm was recently double-upgraded by Wells Fargo from Underweight to Overweight. This upgrade came on the back of the company's 'balanced/all-weather business model, which is well-positioned to benefit from market fluctuations. According to the analysts at Wells Fargo, HLI's robust business model offers stability and protects against market volatility through its diversified portfolio and counter-cyclical restructuring franchise. 'All told, we expect the market to pay a premium for HLI and see it as a compelling relative outperformer.' Houlihan Lokey (NYSE:HLI) recently announced its Q3 financial results demonstrating a strong performance. As per the results, the company grew its revenue by 24% YoY accompanied by a 34% YoY increase in the adjusted EPS. On top of this solid performance, the company presented a positive outlook for FY2026. The management is optimistic that the company's restructuring and M&A activities will keep growing, with the potential for further expansion in market share in 2026. Overall, HLI ranks 5th on our list of stocks that Wall Street is calling bullish amid market turmoil. While we acknowledge the potential of HLI as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as HLI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
