Houlihan Lokey Reports $692 Million in Q2 Fiscal 2027 Revenue
Houlihan Lokey reported Q2 fiscal 2027 revenue of $692M, up from $660M a year earlier. Net income was $109M, or $1.64 per diluted share, with adjusted EPS at $1.85. The company declared a $0.70 quarterly dividend. Corporate Finance saw higher average fees but fewer closed transactions, while Financial Restructuring cited timing for its decline. CEO Scott Adelson expects solid performance despite external volatility.
How this was made

The 30-second read
Why it matters
Earnings beat and dividend initiation may trigger short covering and new buying.
Market read
Earnings surprise likely moves HLI stock and influences sector sentiment.
What to watch
Potential headwinds from market volatility could affect deal flow.
Background
Houlihan Lokey is a mid-cap investment bank reporting its Q2 FY2027 results.
Ticker impact
Q2 FY2027 revenue of $692M beats prior year and dividend declared, indicating strong performance.
upward pressure as market prices in earnings beat and dividend.
Revenue growth, dividend initiation, and share repurchase signal financial strength, prompting buying interest.
Market effects
Strengthens outlook for investment banking and advisory sector.
Positive for US financial services market.
Limited to investors tracking advisory firms.
Counterpoint
If revenue growth slows in upcoming quarters, current rally may be premature.
Key entities
- companyHoulihan Lokey
Investment banking firm reporting earnings.
