Here's What Key Metrics Tell Us About Hamilton Lane (HLNE) Q2 Earnings

Hamilton Lane (HLNE) reported $150 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 18.2%. EPS of $1.07 for the same period compares to $0.89 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $153.92 million, representing a surprise of -2.55%. The company delivered an EPS surprise of +0.94%, with the consensus EPS estimate being $1.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Hamilton Lane performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Fee Earning AUM - Customized Separate Accounts (CSA): $39.38 billion compared to the $39.09 billion average estimate based on three analysts. Fee Earning AUM - Total: $69.74 billion compared to the $69.68 billion average estimate based on three analysts. Fee Earning AUM - Specialized Funds (SF): $30.36 billion versus the three-analyst average estimate of $30.59 billion. Total AUM & AUA: $947.43 billion compared to the $967.26 billion average estimate based on two analysts. Assets Under Management (AUM): $131.37 billion versus $134.73 billion estimated by two analysts on average. Assets Under Advisement (AUA): $816.06 billion versus the two-analyst average estimate of $832.53 billion. Revenues- Incentive fees: $30.22 million versus $31.69 million estimated by three analysts on average. Revenues- Management and advisory fees- Customized separate accounts: $34.76 million compared to the $34.03 million average estimate based on three analysts. The reported number represents a change of +8.5% year over year. Revenues- Management and advisory fees: $119.78 million versus $122.22 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +9.7% change. Revenues- Management and advisory fees- Specialized funds: $70.31 million versus $71.86 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change. Revenues- Management and advisory fees- Fund reimbursement revenue: $1.44 million versus $2.41 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.3% change. Revenues- Management and advisory fees- Distribution management: $0.42 million compared to the $0.65 million average estimate based on two analysts. The reported number represents a change of -66.8% year over year. View all Key Company Metrics for Hamilton Lane here>>>Shares of Hamilton Lane have returned +4.2% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hamilton Lane Inc. (HLNE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks