Here's What Key Metrics Tell Us About Lazard (LAZ) Q4 Earnings

Group 1 - Lazard reported revenue of $812.43 million for Q4 2024, a year-over-year increase of 6.8%, with EPS of$ 0.78 compared to $0.66 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of$ 739.49 million by 9.86%, and the EPS surpassed the consensus estimate of $0.51 by 52.94% [1] - The company's stock has returned +2.4% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] Group 2 - Total Assets under Management (AUM) at the end of the period was$ 226.32 billion, below the estimated $237.62 billion [4] - Total Equity AUM was reported at$ 174.94 billion, compared to the estimated $183.37 billion [4] - Adjusted net revenue for Asset Management was$ 287.21 million, slightly above the average estimate of $282.42 million, reflecting a year-over-year change of +4.9% [4] - Adjusted net revenue for Financial Advisory was$ 507.67 million, exceeding the estimated $445.29 million, with a year-over-year increase of +6.4% [4] - Adjusted net revenue for Corporate was$ 17.55 million, significantly higher than the estimated $11.78 million, representing a year-over-year increase of +77.3% [4]