Houlihan Lokey 2Q FY2027: Revenue $692M, EPS $1.64— 10-Q Summary
Houlihan Lokey reported 2Q FY2027 revenue of $692M, up 4.8% YoY. Net income fell 1.8% to $109M, while EPS rose to $1.64. Corporate Finance revenue grew 10%, but Financial Restructuring declined 12%. Management attributed the decline to timing, not a trend.
How this was made

The 30-second read
Why it matters
The Q2 numbers show mixed performance: corporate finance revenue up 10% but restructuring down 12%, indicating a shift in deal flow.
Market read
The release provides fresh data for traders assessing the financial advisory sector and may influence short‑term price action in HLI.
What to watch
Potential upside from improving capital markets conditions could boost future corporate finance fees.
Background
Houlihan Lokey is a mid‑cap investment bank; its quarterly results are closely watched for trends in M&A and restructuring activity.
Ticker impact
Houlihan Lokey released its Q2 FY2027 10‑Q with revenue $692M and EPS $1.64, the first public disclosure of these figures.
likely slight downside as market prices in modest earnings beat and income decline
The earnings beat is marginal and profit fell, which typically leads to modest price pressure.
Market effects
Banking advisory revenue growth may signal continued demand for M&A advisory services.
US investment banking sector may see modest impact.
Limited; primarily relevant to investors in financial advisory firms.
Counterpoint
Despite modest earnings, the firm's diversified advisory lines could support a longer‑term upside.
Key entities
- companyHoulihan Lokey
Investment bank reporting Q2 FY2027 results.



