Lazard Reports Third-Quarter and Nine-Month 2024 Results
Lazard, Inc. (LAZ)
Last lazard, inc. earnings: 4/30 06:49 am
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Source: Business Wire
Firm-wide adjusted net revenue increased 24% year-to-dateFinancial Advisory adjusted net revenue increased 39% year-to-dateAsset Management AUM increased 8% from last year NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $785 million and adjusted net revenue1 of $646 million for the quarter ended September 30, 2024. For the first nine months of 2024, Lazard reported net revenue of $2,235 million and adjusted net revenue1 of $2,077 million.On a U.S. GAAP basis, Lazard reported third-quarter 2024 net income of $108 million or $1.02 per share, diluted. For the first nine months of 2024, net income was $194 million or $1.88 per share, diluted. For the third quarter of 2024, adjusted net income1 was $40 million or $0.38 per share, diluted. For the first nine months of 2024, adjusted net income1 was $159 million or $1.54 per share, diluted.“Lazard’s growth strategy continues to gain momentum, with Financial Advisory revenue up 39 percent for the first nin
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LAZ
News
- Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in November [Yahoo! Finance]Yahoo! Finance
- Lazard, Inc. (NYSE: LAZ) was downgraded by analysts at Keefe, Bruyette & Woods from an "outperform" rating to a "market perform" rating. They now have a $57.00 price target on the stock, down previously from $65.00.MarketBeat
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Lazard, Inc. (NYSE: LAZ)PR Newswire
- Lazard, Inc. Announces Results of Consent Solicitation and Offer to Guarantee Lazard Group LLC Senior NotesBusiness Wire
- Lazard Reports November 2024 Assets Under ManagementBusiness Wire
LAZ
Earnings
- 10/31/24 - Miss
LAZ
Sec Filings
- 12/17/24 - Form 4
- 12/12/24 - Form 8-K
- 12/5/24 - Form 424B5
- LAZ's page on the SEC website