Hamilton Lane Inc. (NASDAQ:HLNE) will release its earnings data before the market opens on Tuesday, November 7th. Analysts expect Hamilton Lane to post earnings of $0.26 per share for the quarter.

Hamilton Lane (NASDAQ:HLNE) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. The business had revenue of $52.70 million during the quarter, compared to the consensus estimate of $50.69 million. The business’s quarterly revenue was up 33.2% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. On average, analysts expect Hamilton Lane to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Hamilton Lane Inc. (NASDAQ HLNE) traded down $0.46 during trading hours on Monday, reaching $27.70. 3,262 shares of the company were exchanged, compared to its average volume of 79,169. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.86. Hamilton Lane Inc. has a 52 week low of $17.32 and a 52 week high of $28.52.

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A number of research firms have recently issued reports on HLNE. Morgan Stanley downgraded Hamilton Lane from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $25.00 to $28.00 in a research note on Thursday, October 5th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $24.00 price target on shares of Hamilton Lane in a research note on Thursday, September 28th. Finally, Zacks Investment Research downgraded Hamilton Lane from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $23.80.

About Hamilton Lane

Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.

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