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Lazard Q2 Earnings Top Estimates, Advisory Revenue & AUM Rise Y/Y
ZACKS· 2025-07-25 17:10
Key Takeaways LAZ's Q2 EPS of $0.52 beat the estimate of $0.38 and rose from $0.49 a year earlier.Quarterly revenue rose 12.4% Y/Y to $769.8M, with advisory revenue up 20.4% and asset management up 1.2%.AUM reached $248.4B, up 1.5% Y/Y, aided by market gains, FX appreciation, and net inflows.Lazard Inc.’s (LAZ) second-quarter 2025 adjusted earnings per share of 52 cents beat the Zacks Consensus Estimate of 38 cents. This compared favorably with earnings of 49 cents per share in the year-ago quarter.Lazard’s ...