Hamilton Lane Inc (HLNE) shares surged 5.55% in the pre-market session on Tuesday, following the company's impressive fiscal third-quarter earnings report. The private markets asset management firm reported solid revenue growth and higher-than-expected earnings for the quarter ended December 31, 2024, driven by strong performance across its business segments.
The company's revenue for the quarter rose 34.3% year-over-year to $168.26 million, surpassing analysts' estimates of $157.95 million. Management and advisory fees, a key revenue component, grew 11% to $126.3 million, reflecting the firm's continued expansion and increased assets under management (AUM).
Hamilton Lane's adjusted earnings per share (EPS) came in at $1.25, significantly higher than the consensus estimate of $1.10 and the prior-year quarter's EPS of $0.71. The strong earnings growth was fueled by the robust top-line performance and effective cost management measures implemented by the company.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。