NYSE$HLI
Houlihan Lokey Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Houlihan Lokey's Q2 2023 revenues decreased due to a decline in Corporate Finance, but were partially offset by growth in Financial Restructuring and Financial and Valuation Advisory.
Houlihan Lokey reported Q2 2023 revenues of $490 million, a decrease from $537 million in Q2 2022. Diluted EPS was $0.87, compared to $1.65 in the prior year. Adjusted diluted EPS was $1.19, versus $1.71 in the same period last year. Growth in Financial Restructuring and Financial and Valuation Advisory partly offset headwinds in Corporate Finance.
- Q2 2023 revenues reached $490 million.
- Diluted EPS for Q2 2023 was $0.87.
- Adjusted diluted EPS for Q2 2023 was $1.19.
- Financial Restructuring and Financial and Valuation Advisory experienced revenue growth, offsetting Corporate Finance headwinds.
Headline financials
Revenue & EPS history
Houlihan Lokey · Revenue · Quarterly
$490M
Revenue by segment
Houlihan Lokey · $490M total across 3 segments · Q2 2023
- Corporate Finance$315M-18.9%64.3%
- Financial Restructuring$97.7M+17.4%20.0%
- Financial & Valuation Advisory$76.8M+17.0%15.7%
Forward guidance
The firm remains confident it is well positioned across various types of macro-economic environments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+1.2%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+1.5%
Avg return
30 days after
63%
30 / 48 earnings
Positive
+12.2%
Q2 2022
Best reaction
-10.7%
Q2 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +4.3% | +1.5% | -5.6% | |
| Q3 2026 | -6.6% | -0.7% | -3.0% | |
| Q2 2026 | -10.7% | -10.0% | -12.0% | |
| Q4 2025 | +6.8% | +8.7% | +7.9% | |
| Q3 2025 | -2.3% | -1.9% | -5.8% | |
| Q2 2025 | +3.6% | +2.2% | +13.4% | |
| Q1 2025 | +1.7% | -1.5% | +4.5% | |
| Q4 2024 | +0.3% | +1.3% | -2.7% | |
| Q3 2024 | +5.9% | +3.7% | +6.2% | |
| Q2 2024 | +1.5% | +3.7% | +9.4% | |
| Q1 2024 | -8.3% | -7.2% | -5.5% | |
| Q4 2023 | +6.1% | +1.6% | +7.1% | |
| Q3 2023 | -0.2% | +3.2% | -2.9% | |
| Q2 2023 | +9.3% | +10.8% | +21.5% | |
| Q1 2023 | +2.5% | +1.7% | -3.0% | |
| Q4 2022 | +2.9% | +6.3% | -2.5% | |
| Q3 2022 | +7.4% | +3.2% | -7.8% | |
| Q2 2022 | +12.2% | +17.8% | +11.9% | |
| Q1 2022 | -5.1% | -3.5% | +1.0% | |
| Q4 2021 | +5.3% | +10.7% | +18.1% | |
| Q3 2021 | -3.7% | -1.2% | -5.6% | |
| Q2 2021 | -0.4% | -1.6% | +3.3% | |
| Q1 2021 | -1.6% | -2.2% | +6.1% | |
| Q4 2020 | -2.1% | -0.4% | -8.4% | |
| Q3 2020 | +7.4% | +8.6% | +2.0% | |
| Q2 2020 | -0.4% | +1.0% | +2.0% | |
| Q1 2020 | +6.2% | +4.1% | -3.4% | |
| Q4 2019 | +1.9% | -1.9% | -4.2% | |
| Q3 2019 | +1.9% | +1.0% | +5.0% | |
| Q2 2019 | +0.5% | +5.4% | +4.6% | |
| Q1 2019 | -6.6% | -6.5% | -10.0% | |
| Q4 2018 | +5.3% | +4.1% | +7.6% | |
| Q3 2018 | -2.8% | -7.8% | -9.5% | |
| Q2 2018 | +4.5% | +0.5% | +6.0% | |
| Q1 2018 | +5.1% | +1.1% | -2.0% | |
| Q4 2017 | +6.3% | +1.9% | -1.0% | |
| Q3 2017 | +5.1% | +4.7% | +3.5% | |
| Q2 2017 | -2.8% | -3.7% | +19.5% | |
| Q1 2016 | -0.5% | +0.7% | -4.4% | |
| Q1 2017 | +2.3% | +7.9% | +4.9% | |
| Q4 2014 | -2.4% | -5.9% | -2.3% | |
| Q4 2016 | +0.1% | — | — | |
| Q3 2015 | -1.1% | — | — | |
| Q3 2016 | +0.4% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q2 2015 | +0.5% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q2 2016 | -0.8% | — | — |
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