CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Tuesday reported fiscal third-quarter earnings of $53 million.
On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of $1.32. Earnings, adjusted for one-time items, came to $1.25 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The private-market investment firm posted revenue of $168.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $157 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLNE at https://www.zacks.com/ap/HLNE
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