Core Insights - Lazard (LAZ) is expected to report quarterly earnings of $0.29 per share, a decline of 56.1% year-over-year, with revenues projected at $616.37 million, down 17.4% from the previous year [1] Earnings Estimates - There has been a 33% downward revision in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their forecasts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Projections - Analysts estimate 'Adjusted net revenue- Asset Management' at $249.76 million, reflecting a decrease of 9.5% from the prior year [5] - The consensus for 'Adjusted net revenue- Financial Advisory' is $355.28 million, indicating a decline of 20.5% year-over-year [5] - 'Adjusted net revenue- Corporate' is projected at $11.33 million, down 52.8% from the same quarter last year [6] Assets Under Management - 'Assets under management - Total Fixed Income' is expected to be $43.55 billion, down from $47.22 billion in the same quarter last year [6] - 'Assets under management - Total Equity' is projected at $174.14 billion, compared to $195.25 billion a year ago [7] - 'Assets under management - End of Period' is estimated at $227.07 billion, down from $250.43 billion in the same quarter last year [7] - The estimate for 'Assets under management - End of Period - Other' stands at $9.40 billion, up from $7.96 billion year-over-year [8] Stock Performance - Over the past month, Lazard shares have declined by 26.9%, while the Zacks S&P 500 composite has decreased by 8.9% [8] - Lazard holds a Zacks Rank 5 (Strong Sell), suggesting it may underperform the overall market in the near term [8]

It is projected by analysts that the 'Average Daily Production Volumes - Total oil equivalent' will reach 196,169.00 millions of barrels of oil equivalent. Compared to the present estimate, the company reported 149760 millions of barrels of oil equivalent in the same quarter last year. The combined assessment of analysts suggests that 'Average Daily Production Volumes - Oil' will likely reach 114,841.60 BBL/D. The estimate is in contrast to the year-ago figure of 84,777 BBL/D. Over the last 30 days, there h ...