Hamilton Lane (HLNE Quick QuoteHLNE - Free Report) reported $196.73 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 57.3%. EPS of $1.51 for the same period compares to $0.94 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $149.84 million, representing a surprise of +31.29%. The company delivered an EPS surprise of +38.53%, with the consensus EPS estimate being $1.09.

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.

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)

  : $38.22 billion versus the three-analyst average estimate of $38.73 billion.

• Fee Earning AUM - Total

  : $67.71 billion versus $68.45 billion estimated by three analysts on average.

• Fee Earning AUM - Specialized Funds (SF)

  : $29.49 billion compared to the $29.73 billion average estimate based on three analysts.

• Total AUM & AUA

  : $940.14 billion versus the two-analyst average estimate of $947.99 billion.

• Assets Under Management (AUM)

  : $129.72 billion versus the two-analyst average estimate of $130.17 billion.

• Assets Under Advisement (AUA)

  : $810.41 billion compared to the $817.82 billion average estimate based on two analysts.

• Revenues- Incentive fees

  : $56.77 million compared to the $21.54 million average estimate based on three analysts.

• Revenues- Management and advisory fees- Customized separate accounts

  : $33.45 million compared to the $33.60 million average estimate based on three analysts. The reported number represents a change of +5.5% year over year.

• Revenues- Management and advisory fees

  : $139.96 million versus $128.30 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +32.8% change.

• Revenues- Management and advisory fees- Specialized funds

  : $89.79 million compared to the $79.44 million average estimate based on three analysts. The reported number represents a change of +55.6% year over year.

• Revenues- Management and advisory fees- Fund reimbursement revenue

  : $3.31 million versus the two-analyst average estimate of $1.28 million. The reported number represents a year-over-year change of +13.9%.

• Revenues- Management and advisory fees- Distribution management

  : $0.50 million versus $1.05 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -58.9% change.

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

Shares of Hamilton Lane have returned +0.2% over the past month versus the Zacks S&P 500 composite's -6.7% 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.