Lazard Profit Doubles as Banking Activity Returns
The New York-based firm reported net income of $53 million, or 52 cents per share, up from $23 million a year prior. Continue reading View comments
Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
| 48.43 | |
| 49.31 | |
| - | |
| 49.59 | |
| 47.8125 | |
| 25.1648-49.59 | |
| 4 373 M | |
| 29.9259 | |
| 90 204 K | |
| 2 742 M | |
| 0.0462 | |
| 1.393 |
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The New York-based firm reported net income of $53 million, or 52 cents per share, up from $23 million a year prior. Continue reading View comments
Lazard (LAZ) reported $684.64 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.4%. EPS of $0.52 for the same period compares to $0.24 a year ago. The r...
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