Investing.com - Houlihan Lokey Inc reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Houlihan Lokey Inc announced earnings per share of $1.19 on revenue of $490.00. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $442.4M.
Houlihan Lokey Inc shares are down 18% from the beginning of the year and are trading at $83.33 , down-from-52-week-high.
Houlihan Lokey Inc follows other major Financial sector earnings this month
Houlihan Lokey Inc's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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