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Houlihan Lokey Posts Higher Q4 Results; Lifts Quarterly Dividend by 30%

05/11/2021 12:52

04:39 PM EDT, 05/11/2021 (MT Newswires) -- Houlihan Lokey (HLI) on Tuesday reported fiscal Q4 adjusted diluted EPS of $1.51, up from $0.96 a year ago. The result beat the $1.14 consensus estimate of analysts polled by Capital IQ.

Revenue in the quarter ended March rose to $500.7 million from $302.7 million. That exceeded the projection of analysts polled by Capital IQ of $378.8 million.

The board raised the quarterly dividend by 30% to $0.43 per share, payable on June 15 to stockholders of record on June 2.

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