Lazard

Lazard Ltd. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lazard reports revenue decline in Q4 2022, eyes market recovery

Lazard faced revenue declines in Q4 2022 but remains optimistic about a better second half of 2023.
Strategic investments, fee rate increases, and diversification efforts position Lazard for market recovery and growth.
Challenges include comp ratio issues, non-comp inflation, and varying activity levels in non-M&A businesses.
Opportunities lie in increased M&A activity, market environment dynamics, and talent acquisition for asset management.

Lazard reports Q1 revenue decline but eyes growth opportunities

Lazard faced revenue decline but saw growth in Asset Management amidst workforce reduction plans. The company is strategically focusing on cost-saving initiatives and restructuring to drive future profitability.
Challenges persist in predicting market recovery and dealing with expensive risk capital. However, opportunities exist in asset management outperformance and strategic M&A activities in key sectors.
Lazard's performance compared to peers shows potential for a turnaround in the restructuring business. The company's acquisitions and wealth management expansion aim to capitalize on evolving financial trends.

Lazard reports Q2 revenue decline but sees growth in AUM

Lazard faced revenue challenges in Q2 2023, with a decline in total operating revenue, but showed strength in Asset Management and sequential growth in Financial Advisory.
The company returned capital to shareholders, highlighted AUM growth, and discussed strategic initiatives like the Capital Solutions Group.
Opportunities lie in the stabilization of the M&A market, potential revenue growth in Asset Management, and strategic planning for future success.

Lazard plans revenue growth and structure change for future success

Lazard's Q3 2023 saw revenue decline, but the company is optimistic about a rebound in 2024.
CEO's vision includes doubling revenue by 2030 and converting to a U.S. corporation in 2024.
Focus on strategic investments, growth in Asset Management, and geopolitical advisory services for growth.
Efforts to manage headcount, expenses, and talent acquisition are key priorities for future success.

Lazard reports robust Q4 earnings, eyes growth in M&A and private markets

Lazard's strong financial performance in Q4 2023 underscores its strategic focus on M&A, restructuring, and asset management growth. Despite market headwinds, the company remains optimistic about future prospects, emphasizing disciplined capital allocation and expansion into private markets.

Lazard reports strong Q2 earnings, eyes global expansion opportunities

Lazard's Q2 2024 performance reflects robust revenue growth, successful deal-making, and a focus on cost efficiency and shareholder returns.
The company's strengths lie in its financial advisory records, improving economic conditions, and strategic momentum in asset management.
Challenges include managing operational costs, optimizing asset management performance, and balancing growth investments with shareholder returns.
Opportunities for Lazard include expanding market activities, introducing new products, and leveraging synergies for sustained growth and market share gains.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lazard, Inc. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.

Lazard's (LAZ) February AUM climbs sequentially on market appreciation and net inflows.

Lazard's (LAZ) February AUM Rises on Market Appreciation

FirstEnergy

Gilead Sciences

Look to these value stocks for a great blend of dividend safety, payout growth, current yield and capital appreciation potential. The post 3 Deep Value Stocks for Income and High Total Returns appeared first on InvestorPlace.

3 Deep Value Stocks for Income and High Total Returns

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of February 28, 2021 totaled approximately $260.7 billion. The month's AUM included market appreciation of $5.6 billion, net inflows of $0.2 billion and foreign exchange depreciation of $0.3 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)       As of:   February 28, January 31,     20211   2021 Equity   $ 209,807 $ 206,246 Fixed Income     45,5

Lazard Reports February 2021 Assets Under Management

As the S&P 500 is trading at a sky-high valuation level, it has become really hard for investors to identify reasonably valued stocks that offer an attractive dividend.

Lazard Is Offering A Safe 4.7% Dividend Yield

Lazard (LAZ) reported earnings 30 days ago. What's next for the stock?

Why Is Lazard (LAZ) Down 5.9% Since Last Earnings Report?

Alexander's

Compass Diversified Holdings

Janus Henderson Group

Exxon Mobil

Rise in bond yields spooked investors. But, instead of steering clear of stocks, buy dividend players like Alexanders (ALX), Exxon Mobil (XOM) and Lazard (LAZ).

5 High-Yield Dividend Stocks That Are Solid Buys in March

Franklin Resources

Edison

Enbridge

Magellan Midstream Partners

Altria

OGE Energy

ONEOK

Pfizer

Prudential Financial

Valero Energy

This monthly series ranks a selection of dividend growth stocks in Dividend Radar, presenting the 10 top-ranked stocks for consideration.

10 Dividend Growth Stocks For February 2021

Lazard (LAZ) has been struggling lately, but the selling pressure may be coming to an end soon

Lazard (LAZ) Sees Hammer Chart Pattern: Time to Buy?

Lazard's (LAZ) January AUM declines sequentially to $255.2 billion on market depreciation, unfavorable foreign-exchange impact and net outflows.

Lazard's (LAZ) January AUM Falls on Market Depreciation

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of January 31, 2021 totaled approximately $255.2 billion. The month's AUM included market depreciation of $1.2 billion, foreign exchange depreciation of $1.1 billion and net outflows of $1.1 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)       As of:   January 31, December 31,   20211 2020 Equity   $206,246 $209,732 Fixed Income   43,872 43,78

Lazard Reports January 2021 Assets Under Management

Lazard's (LAZ) fourth-quarter 2020 earnings highlight elevated expenses, revenue growth, rise in AUM and overall outflows.

Lazard (LAZ) Q4 Earnings Beat Estimates, Revenues Increase

Lazard Ltd (LAZ) CEO Kenneth Jacobs on Q4 2020 Results - Earnings Call Transcript

Lazard (LAZ) delivered earnings and revenue surprises of 69.39% and 24.29%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Lazard (LAZ) Q4 Earnings and Revenues Top Estimates

Shares of Lazard (NYSE:LAZ) were flatin pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 82.42% year over year to $1.66, which beat the estimate of $0.97.

Recap: Lazard Q4 Earnings

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported annual operating revenue1 of $2,524 million for the year ended December 31, 2020. Net income, as adjusted2, was $410 million, or $3.60 per share (diluted) for the year. On a U.S. GAAP basis, net income for the year was $402 million, or $3.54 per share (diluted). For the fourth quarter of 2020, net income, as adjusted, was $192 million, or $1.66 per share (diluted), a quarterly record. On a U.S. GAAP basis, net income for the fourt

Lazard Ltd Reports Full-Year and Fourth-Quarter 2020 Results

On Friday, February 05, Lazard (NYSE:LAZ) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Preview: Lazard's Earnings

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its full-year and fourth-quarter 2020 results in a press release to be issued Friday morning, February 5, 2021. The press release will be available on Lazard's website at: www.lazard.com. Lazard will host a conference call at 8:00 a.m. EST on February 5, 2021, to discuss the company's financial results for the full year and fourth quarter of 2020. The conference call can be accessed via a live audio webcast available through Lazard

Lazard to Announce Full-Year and Fourth-Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of December 31, 2020 totaled approximately $258.6 billion. The month's AUM included market appreciation of $7.7 billion, foreign exchange appreciation of $2.9 billion and net inflows of $0.4 billion. Preliminary average assets under management for the quarter ended December 31, 2020 were $245.6 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)

Lazard Reports December 2020 Assets Under Management

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that James J. Orozco has joined Lazard's Financial Advisory business as a Managing Director covering financial sponsors, effective immediately. Based in San Francisco, Mr. Orozco joins from GCA Advisors, where he served as a Managing Director. “As the market opportunity for private equity in the US continues to grow, the addition of James Orozco to our financial sponsors coverage team will strengthen Lazard's depth and breadth of

James J. Orozco Joins Lazard as a Managing Director, Financial Advisory

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Adam Handwerker will join Lazard's Financial Advisory business as a Managing Director in the Private Capital Advisory Group, effective immediately. He is based in New York. “Adam brings over 15 years of experience in real estate private fundraising,” said Holcombe Green, Global Head of Private Capital Advisory, Lazard. “His expertise and strong relationships will enhance our capabilities in the US and strengthen our position

Adam Handwerker Joins Lazard as a Managing Director, Private Capital Advisory Group

Lazard has seen a rebound in its asset management and advisory services businesses since the first half of the year. Looking forward, management expects a continuation of elevated M&A activity.

Lazard: 4.7% Yield With AUM And Advisory Services Growth

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Lazard Ltd (LAZ) a Great Value Stock Right Now?

Lazard's (LAZ) preliminary AUM of $247.6 billion for November indicates an increase of 10.5% from the prior month.

Lazard's (LAZ) November AUM Improves on Favorable Market Gains

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of November 30, 2020 totaled approximately $247.6 billion. The month's AUM included market appreciation of $21.6 billion, foreign exchange appreciation of $2.9 billion and net outflows of $1.0 billion. LAZARD LTD ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions)     As of:   November 30, 20201 October 31, 2020   Equity   $201,083 $179,583 Fixed Income   41,626 39,96

Lazard Reports November 2020 Assets Under Management

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) announced today that Kenneth M. Jacobs, Chairman and Chief Executive Officer, is scheduled to participate in a moderated question and answer session at the Goldman Sachs 2020 US Financial Services Conference, held virtually, Wednesday, December 9, at 8:40 a.m. EST. A live audio webcast will be available via the Lazard Investor Relations website at www.lazard.com. A replay will be available on the same website, shortly after the conference. About

News for Lazard Stock (LAZ)