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Stock impact report

Lazard Reports Third-Quarter and Nine-Month 2024 Results

Lazard, Inc. (LAZ) 
Last lazard, inc. earnings: 4/30 06:49 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/lazard
Company Research 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 Show less Read more
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