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Stock impact report

Lazard Reports Second-Quarter and First-Half 2024 Results

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: Business Wire
Financial Advisory reports record first-half adjusted net revenue of $855 millionAsset Management reports quarter-end AUM of $245 billionInvesting in talent firm-wide to support long-term growth strategy NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported both net revenue and adjusted net revenue1 of $685 million for the quarter ended June 30, 2024, and net revenue of $1,450 million and adjusted net revenue1 of $1,431 million for the first half of 2024.On a U.S. GAAP basis, second-quarter and first-half 2024 net income were $50 million or $0.49 per share, diluted, and $86 million or $0.84 per share, diluted, respectively. Adjusted net income1 was $53 million or $0.52 per share, diluted, for the second quarter of 2024, and $119 million or $1.17 per share, diluted, for the first half of 2024."Lazard’s record revenue in Financial Advisory for the first-half of 2024 demonstrates the ongoing, successful execution of our long-term growth strategy,” said Peter R. Orszag, Ch Show less Read more
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