Lazard Shares Gain as Q4 Earnings Beat Estimates, AUM Rise Y/Y

Key Takeaways Lazard posted Q4 adjusted EPS of 80 cents, topping estimates, as net revenues rose 10% y/y.LAZ saw Financial Advisory revenues rise 7% and Asset Management revenues climb 18% on stronger deal activity.Lazard's AUM rose 12% y/y, while higher compensation drove a 16% increase in operating expenses.Shares of Lazard Inc.’s (LAZ) gained 2.2% in yesterday’s trading session on better-than-expected quarterly results. Its fourth quarter 2025 adjusted earnings per share of 80 cents beat the Zacks Consen ...