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Stock impact report

Lazard Equity Franchise Portfolio Q2 2024 Commentary [Seeking Alpha]

Lazard, Inc. (LAZ) 
Last lazard, inc. earnings: 4/30 06:49 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/lazard
Company Research Source: Seeking Alpha
CVS WBA XRAY HSIC CVS:CA HELKF HENOF HENOY RKLIF Lazard Asset Management Follower Follow Play 9min Summary Global equity markets gained in Q2 2024, driven by cautious optimism about interest rate policies from key central banks. Lazard Equity Franchise Portfolio underperformed due to stock selection in healthcare and utilities, and underweight positions in top-performing IT sectors. Strong performers included H&R Block and Rentokil, while CVS and Dentsply Sirona detracted from performance. Despite recent challenges, the Portfolio is positioned for future growth, trading at significant discounts with strong earnings forecasts. teekid Market Overview Equity markets worldwide gained in the second quarter of 2024, as investor sentiment about the global interest-rate outlook swung from pessimism to cautious optimism. With concerns about inflation continuing to hang over markets, the focus during the quarter was squarely on the interest rate policy paths of key ce Show less Read more
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