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Lazard Q3 2023 Earnings Report

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$52.04 +1.55 (+3.07%)
(As of 12/20/2024 05:16 PM ET)

Lazard EPS Results

Actual EPS
$0.10
Consensus EPS
$0.19
Beat/Miss
Missed by -$0.09
One Year Ago EPS
$1.05

Lazard Revenue Results

Actual Revenue
$532.00 million
Expected Revenue
$572.54 million
Beat/Miss
Missed by -$40.54 million
YoY Revenue Growth
-26.80%

Lazard Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

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Lazard Earnings Headlines

Lazard International Equity Select Portfolio Q3 2024 Commentary
Lazard Developing Markets Equity Portfolio Q3 2024 Commentary
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Lazard International Equity Portfolio Q3 2024 Commentary
Keefe, Bruyette & Woods Downgrades Lazard (LAZ)
Lazard downgraded to Market Perform from Outperform at Keefe Bruyette
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About Lazard

Lazard (NYSE:LAZ), together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.

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