Houlihan Lokey: Fiscal Q3 EPS Up 34.4%
Houlihan Lokey (NYSE:HLI), an independent financial advisory services firm, announced its fiscal 2025 third-quarter results after the close of trading on Jan. 28. The firm exceeded expectations with an adjusted EPS of $1.64, topping the $1.52 forecast and well above the prior-year period's $1.22. Revenues rose 24% year over year to $634 million, outpacing the $604 million expected. Overall, Houlihan Lokey delivered a strong quarter, underpinned by growth across its core service lines.
Source: Analysts' estimates for the quarter provided by FactSet.
Houlihan Lokey offers tailored advisory services across three core business sectors: corporate finance, financial restructuring, and financial and valuation advisory. Its emphasis on mid-cap mergers and acquisitions (M) keeps it focused largely on transactions under $1 billion, which sets it apart from larger competitors. The company's business model emphasizes advisory independence -- it avoids conflicts of interest by not engaging in non-advisory financial activities.
Source Fool.com