Lazard, Inc. reports results for the quarter ended September 30 - Earnings Summary

Lazard

22/10/2026 15:09

Lazard, Inc. LAZ.N reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 56 cents.  The mean expectation of ten analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 35 cents to 64 cents per share.
Revenue rose 11% to $804.62 million from a year ago; analysts expected $837.57 million. 
Lazard, Inc.'s reported EPS for the quarter was 27 cents​.
The company reported quarterly net income of $29.16 million.
Lazard, Inc. shares had risen by 3.1% this quarter and lost 23.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 22.3% in the last three months.​ 
In the last 30 days, six 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," 6 "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 $41.00, about 8.9% above its last closing price of $37.37
This summary was machine generated from LSEG data October 22 at 02:08 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
Sep. 30 2026 
0.47
0.36
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