Houlihan Lokey Q3 Earnings Update: Revenue and EPS in Line with Expectations, Analysts Lower Revenue Forecast for 2027

Houlihan Lokey reported Q3 revenue of $717m, in line with forecasts, and EPS of $1.70, 3.5% higher than expected. Analysts have updated their earnings model, with the current consensus predicting revenues of $3.07b in 2027, a 16% increase from the previous year, and EPS of $7.77, a 21% increase. The consensus price target remains largely unchanged at $206, with a range of estimates from $174 to $243 per share.