Benzinga | Jul 28, 2020 04:33PM EDT

Houlihan Lokey Q1 EPS $0.56 Beats $0.54 Estimate, Sales $211.00M Miss $229.60M Estimate

Houlihan Lokey (NYSE:HLI) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.54 by 3.7 percent. This is a 16.42 percent decrease over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $211.00 million which missed the analyst consensus estimate of $229.60 million by 8.10 percent. This is a 15.72 percent decrease over sales of $250.35 million the same period last year.