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Dec 31, 2019
Hamilton Lane Q3 2020 Earnings Report
Hamilton Lane reported its Q3 fiscal year 2020 results, showing growth in assets under management and management and advisory fees.
Key Takeaways
Hamilton Lane Incorporated reported strong third-quarter fiscal 2020 results. Assets under management grew by 13% year-over-year, and management and advisory fees increased by 8% for the quarter. GAAP EPS was $0.46, and the company declared a quarterly dividend of $0.275 per share.
Total assets under management grew 13% year-over-year to approximately $66 billion.
Fee-earning assets under management increased 14% year-over-year to approximately $37 billion.
Management and advisory fees for the quarter were approximately $60 million, representing an 8% increase.
GAAP EPS was $0.46, with a GAAP net income of approximately $13 million for the quarter.
Revenue by Segment
Forward Guidance
Hamilton Lane expects a $4-5M run rate increase to G&A expense from new headquarters lease starting in 2H FY21.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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