Lazard Inc reports results for the quarter ended June 30 - Earnings Summary

Lazard

23/07/2026 14:32

Lazard Inc LAZ.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of ten analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 20 cents to 49 cents per share.
Revenue rose 2.2% to $786.47 million from a year ago; analysts expected $757.46 million. 
Lazard Inc's reported EPS for the quarter was 3 cents​.
The company reported quarterly net income of $4.81 million.
Lazard Inc shares had risen by 3.9% this quarter and lost 10.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 40.9% in the last three months.​ 
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is  "buy."
Wall Street's median 12-month price target for Lazard Inc is $46.00, about 5.3% above its last closing price of $43.58
This summary was machine generated from LSEG data July 23 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.35
0.12
Missed
Mar. 31 2026 
0.51
0.42
Missed
Dec. 31 2025 
0.69
0.80
Beat
Sep. 30 2025 
0.45
0.56
Beat