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Here's What Key Metrics Tell Us About Hamilton Lane (HLNE) Q4 Earnings

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For the quarter ended March 2026, Hamilton Lane (HLNE - Free Report) reported revenue of $193.57 million, down 2.2% over the same period last year. EPS came in at $1.49, compared to $1.21 in the year-ago quarter.

The reported revenue represents a surprise of -3.56% over the Zacks Consensus Estimate of $200.7 million. With the consensus EPS estimate being $1.43, the EPS surprise was +4.2%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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): $40.94 billion compared to the $41.64 billion average estimate based on three analysts.
  • Fee Earning AUM - Total: $81.51 billion versus $81.07 billion estimated by three analysts on average.
  • Fee Earning AUM - Specialized Funds (SF): $40.57 billion compared to the $39.44 billion average estimate based on three analysts.
  • Total AUM & AUA: $1047.15 billion versus $1014.21 billion estimated by two analysts on average.
  • Assets Under Management (AUM): $141.83 billion compared to the $144.88 billion average estimate based on two analysts.
  • Assets Under Advisement (AUA): $905.32 billion versus the two-analyst average estimate of $869.33 billion.
  • Revenues- Incentive fees: $38.39 million versus the three-analyst average estimate of $46.07 million. The reported number represents a year-over-year change of -45.3%.
  • Revenues- Management and advisory fees- Customized separate accounts: $35.08 million versus $36.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8.7% change.
  • Revenues- Management and advisory fees: $155.22 million compared to the $154.63 million average estimate based on three analysts. The reported number represents a change of +21.4% year over year.
  • Revenues- Management and advisory fees- Specialized funds: $103.27 million versus $101.09 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +30.2% change.
  • Revenues- Management and advisory fees- Fund reimbursement revenue: $2.43 million versus $1.5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +20.2% change.
  • Revenues- Management and advisory fees- Distribution management: $0.29 million compared to the $1.4 million average estimate based on two analysts. The reported number represents a change of -59% year over year.

View all Key Company Metrics for Hamilton Lane here>>>

Shares of Hamilton Lane have returned -19.7% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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