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Hamilton Lane (HLNE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2026, Hamilton Lane (HLNE - Free Report) reported revenue of $204.43 million, up 7.1% over the same period last year. EPS came in at $1.98, compared to $1.54 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $223.24 million, representing a surprise of -8.43%. The company delivered an EPS surprise of +15.12%, with the consensus EPS estimate being $1.72.

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): $41.46 billion versus the three-analyst average estimate of $41.59 billion.
  • Fee Earning AUM - Total: $85.93 billion versus $85.98 billion estimated by three analysts on average.
  • Fee Earning AUM - Specialized Funds (SF): $44.47 billion versus $44.39 billion estimated by three analysts on average.
  • Total AUM & AUA: $1079.86 billion compared to the $1091.35 billion average estimate based on two analysts.
  • Assets Under Management (AUM): $150.78 billion versus $152.03 billion estimated by two analysts on average.
  • Assets Under Advisement (AUA): $929.08 billion versus $939.32 billion estimated by two analysts on average.
  • Revenues- Incentive fees: $40.4 million compared to the $56.21 million average estimate based on three analysts. The reported number represents a change of -9.3% year over year.
  • Revenues- Management and advisory fees- Customized separate accounts: $34.04 million versus the three-analyst average estimate of $35.46 million. The reported number represents a year-over-year change of -4.9%.
  • Revenues- Management and advisory fees: $164.03 million versus $167.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15.4% change.
  • Revenues- Management and advisory fees- Specialized funds: $109.68 million compared to the $113.12 million average estimate based on three analysts. The reported number represents a change of +22.1% year over year.
  • Revenues- Management and advisory fees- Fund reimbursement revenue: $4.41 million versus the two-analyst average estimate of $2.8 million. The reported number represents a year-over-year change of +123.6%.
  • Revenues- Management and advisory fees- Distribution management: $1.71 million versus $1.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +277.2% change.

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

Shares of Hamilton Lane have returned +0.6% over the past month versus the Zacks S&P 500 composite's -2.3% 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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