Core Insights - Lazard (LAZ) is positioned to continue its earnings-beat streak, having achieved an average surprise of 73.02% over the last two quarters [1][5] Earnings Performance - For the last reported quarter, Lazard's earnings were $0.56 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, resulting in a surprise of 93.10% [2] - In the previous quarter, Lazard was expected to earn $0.51 per share but reported $0.78 per share, delivering a surprise of 52.94% [2] Earnings Estimates and Predictions - Estimates for Lazard have been trending higher, supported by its history of earnings surprises [5] - The stock has a positive Zacks Earnings ESP of +2.21%, indicating bullish sentiment among analysts regarding its earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] Future Outlook - Lazard's next earnings report is expected to be released on July 24, 2025 [8]
Will Lazard (LAZ) Beat Estimates Again in Its Next Earnings Report?