Houlihan Lokey reports fiscal Q2 revenue growth and adjusted EPS beat
On October 28, 2026, Houlihan Lokey reported fiscal Q2 2027 revenue of $692 million, compared with $660 million in the prior-year quarter. Net income was $109 million, with diluted EPS of $1.64 and adjusted diluted EPS of $1.85. The board approved a $0.70 quarterly dividend, while the company said it expects solid performance through the rest of the fiscal year despite external volatility.
Why it matters
The results provide investors with higher revenue and adjusted EPS than the prior-year quarter, while the dividend establishes a $0.70 per-share payment for December 15, 2026. Houlihan Lokey expects solid performance for the remainder of the fiscal year, but its CEO also cited external volatility as a risk.
Key facts
- 1Fiscal Q2 2027 revenue was $692 million, versus $660 million in fiscal Q2 2026. tradingview.com
- 2Net income was $109 million, diluted EPS was $1.64, and adjusted diluted EPS was $1.85. tradingview.com
- 3The board declared a $0.70 quarterly dividend payable December 15, 2026, to shareholders recorded on December 1, 2026. tradingview.com
- 4Corporate Finance closed 142 transactions, down from 171 in the year-earlier quarter. tradingview.com
- 5Financial Restructuring completed 27 transactions, compared with 37 previously. tradingview.com
- 6Shares fell 5.6% after hours after the earnings report. seekingalpha.com
Open questions
- Material 2 labels $1.85 as EPS without specifying the basis, while material 3 identifies $1.64 as diluted EPS and $1.85 as adjusted diluted EPS.
- Materials 2 and 4 report different estimate-beat amounts, $0.22 and $0.20 respectively, without clarifying whether they use different consensus estimates.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.