Houlihan Lokey (NYSE:HLI) reported quarterly earnings of $1.96 per share which beat the analyst consensus estimate of $1.62 by 20.99 percent. This is a 54.33 percent increase over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $666.42 million which beat the analyst consensus estimate of $629.32 million by 5.90 percent. This is a 28.05 percent increase over sales of $520.46 million the same period last year.