Investment bank Lazard's profit surges on dealmaking recovery
Investment bank Lazard's profit surged in the third quarter, driven by an industry-wide recovery in dealmaking.
Lazard (LAZ) Reports Next Week: Wall Street Expects Earnings Growth
Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lazard CEO Peter Orszag on the economy, impact of port strike and Middle East conflict, state of M&A
Peter Orszag, Lazard CEO and former OMB Director under President Obama, joins 'Squawk Box' to discuss the state of the economy, impact of the port strike and the Middle East conflict, the Fed's inflation fight, state of dealmaking, what he's learned in his first year as Lazard CEO, and more.
Lazard Stock Touches 52-Week High: What Should Investors Do?
LAZ's solid revenue growth and strategic expansion efforts are likely to keep supporting its financials. However, ongoing net outflows remain a concern.
Lazard's August AUM Declines Marginally on Net Outflows
LAZ's AUM balance in August 2024 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation.
Lazard's (LAZ) July AUM Rises Marginally on Positive Markets
Lazard's (LAZ) AUM balance in July 2024 improves marginally on the back of the market and foreign exchange appreciation, partially offset by net outflows.
Lazard: Still Decent Value
Lazard saw some deceleration into Q2, even though there was still good growth. Sponsor facing businesses are doing better now after coming out of the doldrums, particularly in secondary activity. It's not the best grower, but compared to EVR which is reasonably valued, Lazard looks relatively cheaper.
Lazard (LAZ) Gains 5.2% as Q2 Earnings Surpass Estimates
Lazard (LAZ) second-quarter 2024 results benefit from lower expenses and an increase in assets under management balances.
Lazard (LAZ) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lazard (LAZ) Q2 Earnings and Revenues Beat Estimates
Lazard (LAZ) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.24 per share a year ago.
Harris' Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
Vice President Kamala Harris' allies on Wall Street huddled on a private Zoom call to strategize on best ways to take on and possibly defeat former President Donald Trump. The over hour long call featured dozens of major financiers backing Harris.
Lazard (LAZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
