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.

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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.

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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.

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Continued organic growth, cost management activities and rise in assets under management are expected to drive Lazard (LAZ).

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Lazard's (LAZ) preliminary assets under management decline sequentially in May 2019 on account of unfavorable markets and foreign exchange depreciation.

Lazard's (LAZ) May AUM Declines 4.5% on Lower Equity Assets

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Lazard Ltd (LAZ) Down 17.9% Since Last Earnings Report: Can It Rebound?

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Lazard's (LAZ) preliminary assets under management (AUM) of $239.6 billion for April 2019 reflect 2% improvement from the prior month.

Lazard's (LAZ) April 2019 AUM Improves on Favorable Markets

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Despite lower expenses, decline in the company's revenues and AUM dampens Lazard's (LAZ) Q1 performance.

Lazard (LAZ) Stock Up on Q1 Earnings Beat, Revenues Down

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News for Lazard Stock (LAZ)