Lazard Inc.’s (LAZ) third-quarter 2024 adjusted earnings per share of 38 cents missed the Zacks Consensus Estimate of 41 cents. This compared favorably with earnings of 10 cents in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Lazard’s results were negatively impacted due to a rise in expenses and weak performance in the corporate segment. Nonetheless, an increase in revenues in the financial advisory and asset management segment, along with a rise in assets u ...

Lazard, Inc. (NYSE:LAZ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of IR, Treasury & Corporate Sustainability Peter Orszag - CEO Mary Ann Betsch - CFO Evan Russo - CEO, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Ryan Kenny - Morgan Stanley James Yaro - Goldman Sachs Devin Ryan - Citizens JMP Mike Brown - Wells Fargo Securities Aidan Hall - KBW Operator Good morning and welcome to Lazard's ...

Lazard, Inc. (NYSE:LAZ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of IR, Treasury & Corporate Sustainability Peter Orszag - CEO Mary Ann Betsch - CFO Evan Russo - CEO, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Ryan Kenny - Morgan Stanley James Yaro - Goldman Sachs Devin Ryan - Citizens JMP Mike Brown - Wells Fargo Securities Aidan Hall - KBW Operator Good morning and welcome to Lazard's ...

LAZARD October 2024 Investor Presentation I N V E S T O R P R E S E N T A T I O N Safe Harbor This presentation contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may ...

For the quarter ended September 2024, Lazard (LAZ) reported revenue of $645.91 million, up 21.5% over the same period last year. EPS came in at $0.38, compared to $0.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $652.72 million, representing a surprise of -1.04%. The company delivered an EPS surprise of -7.32%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Lazard (LAZ) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.32%. A quarter ago, it was expected that this company would post earnings of $0.40 per share when it actually produced earnings of $0.52, delivering a surprise of 30%.Over the last four quarters, the company has surpassed ...

LAZARD Note: Reconciliations of U.S. GAAP to Adjusted results are shown on pages 13-15. Endnotes are on page 5 of this release. Media Contact: Shannon Houston +1 212 632 6880 shannon.houston@lazard.com Investor Contact: Alexandra Deignan +1 212 632 6886 alexandra.deignan@lazard.com LAZARD REPORTS THIRD-QUARTER AND NINE-MONTH 2024 RESULTS • Firm-wide adjusted net revenue increased 24% year-to-date • Financial Advisory adjusted net revenue increased 39% year-to-date • Asset Management AUM increased 8% from la ...

NEW YORK, Oct. 30, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Lazard, Inc. (NYSE: LAZ) on behalf of the company's shareholders. The investigation seeks to determine whether Lazard's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of Lazard, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/lazard-inc/You may a ...

The market expects Lazard (LAZ) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are b ...

Lazard, Inc. (LAZ) shares touched a 52-week high of $51.46 on Wednesday. The stock closed the session a little lower at $50.15, gaining 21.2% in the past six months. The stock has outperformed the industry and its peers like Franklin Resources, Inc. (BEN) and BlackRock, Inc. (BLK) in the same time frame. Image Source: Zacks Investment Research Six-Months Price Performance Chart The company's emphasis on strategic alliances to enhance assets under management (AUM) balance, combined with its strong revenue gr ...