Houlihan Lokey (HLI) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.85
- Estimate
- $1.65
- Surprise
- +12.1%
- Score at report (before → after)
- 5.9 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Houlihan Lokey (HLI) beat the $1.65 estimate with adjusted EPS of $1.85 — a large 12.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.8/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HLI Sell at 5.8/10.
2 of the last 4 quarters beat the estimate; this quarter's +12.1% surprise compares with a -2.7% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.5 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- Consecutive earnings misses (2)
- Below 200-MA, MA slope -4.6%/30d (confirmed downtrend)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $137.38
- Stop
- $128.88
The stock trades at 23.1× trailing but 16.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
HLI at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $9.60B
- P/E (fwd)
- 16.0
- P/E (ttm)
- 23.1
- 52-week range
- $112.83–$202.49
- Off 52-week high
- 32.2%
- RSI (14)
- 66
- Volume vs avg
- 1.66×
- Score today
- 5.8/10