LAZ accelerates its advisory expansion with senior hires, private-capital growth and global reach to drive revenues and productivity into 2030.
Can LAZ's $267.8B AUM rebound, fueled by market gains and strategic expansion, signal lasting growth ahead? Let's check out.
Cyrus Kapadia, head of Lazard's UK investment banking division, expects a resurgence of large and mid-sized stock market listings in London next year as companies outgrow private equity ownership and enthusiasm for Wall Street flotations wanes. He told The Times several firms valued above $10 billion were preparing for initial public offerings (IPOs), describing London as their “natural destination”.
Lazard, Inc. (NYSE:LAZ ) Q3 2025 Earnings Call October 23, 2025 8:00 AM EDT Company Participants Alexandra Deignan - Head of Treasury & IR Peter Orszag - CEO & Chairman Mary Betsch - Chief Financial Officer Conference Call Participants Alexander Bond - Keefe, Bruyette, & Woods, Inc., Research Division James Mitchell - Seaport Research Partners Brennan Hawken - BMO Capital Markets Equity Research Brendan O'Brien - Wolfe Research, LLC Ryan Kenny - Morgan Stanley, Research Division James Yaro - Goldman Sachs Group, Inc., Research Division Presentation Operator Good morning, and welcome to Lazard's Third Quarter and First 9 Months 2025 Earnings Conference Call. This call is being recorded.
Lazard (LAZ) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Lazard's profit rose in the third quarter as dealmaking activity picked up pace, mirroring gains at larger Wall Street rivals.
M&A is back, and Lazard is already seeing the benefits. Asset management has also been more resilient than expected. Lazard shares screen attractively relative to their improving fundamentals.
LAZ stock rallies 19% in three months, outpacing the industry. Can the rally continue?
LAZ's AUM climbed to $253.7B in July, lifted by $4.5B in net inflows and $3.9B in market gains despite FX headwinds.
LAZ posts Q2 earnings and revenue beats as financial advisory surges 20% and AUM edges up 1.5% year over year.
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lazard, Inc. (NYSE:LAZ ) Q2 2025 Earnings Conference Call July 24, 2025 8:00 AM ET Company Participants Alexandra M. Deignan - Head of Treasury & IR Evan Lawrence Russo - Chief Executive Officer of Asset Management Mary Ann Betsch - Chief Financial Officer Peter R.