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LAZ / Lazard: Shift In Leadership And Dealmaking Recovery Support Positive Price Action

Lazard: Shift In Leadership And Dealmaking Recovery Support Positive Price Action
In the past year, Lazard (-17.00%) has experienced poorer price performance than both the financial services industry (-9.32%) and the broad market (+3.63%). This reflects a -5.07% decline in 2021-22 free cash flows and a -10.21% decline in total revenues. However, 2021 was an anomaly in dealmaking due to the low cost of capital at the time, though Lazard's asset management business remains down 50% from its peak. Read More
Posted: May 29 2023, 06:10
Author Name: Seeking Alpha
Views: 112596

LAZ News  

Lazard (LAZ) Q3 Earnings & Revenues Miss, Expenses Dip Y/Y

By Zacks Investment Research
October 27, 2023

Lazard (LAZ) Q3 Earnings & Revenues Miss, Expenses Dip Y/Y

Lazard's (LAZ) Q3 results were hurt by a decline in revenues and the AUM balance. more_horizontal

Lazard (LAZ) Lags Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 26, 2023

Lazard (LAZ) Lags Q3 Earnings and Revenue Estimates

Lazard (LAZ) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings o more_horizontal

Lazard: A Cheap Stock Lacking A Catalyst

By Seeking Alpha
October 23, 2023

Lazard: A Cheap Stock Lacking A Catalyst

Value stocks play an important role in a diversified portfolio and are especially important during a high interest rate environment. Finding low valua more_horizontal

Lazard to Announce Third-Quarter and Nine-Month 2023 Financial Results

By Business Wire
October 12, 2023

Lazard to Announce Third-Quarter and Nine-Month 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its third-quarter and nine-month 2023 financial results in a press release to be issue more_horizontal

Lazard CEO Peter Orszag: Bigger headwind has been uncertainty over rate path as opposed to level

By CNBC Television
October 2, 2023

Lazard CEO Peter Orszag: Bigger headwind has been uncertainty over rate path as opposed to level

Peter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss his new role leading Lazard, the state of the go more_horizontal

Lazard's McGuire: AI supercomputing will increase demand on the power grid

By CNBC Television
September 28, 2023

Lazard's McGuire: AI supercomputing will increase demand on the power grid

Raymond McGuire, Lazard president, and Dina Powell McCormick, BDT & MSD Partners vice chairman, join CNBC's Delivering Alpha 2023 to discuss geopoliti more_horizontal

Lazard's (LAZ) August AUM Falls 2.9% on Challenging Markets

By Zacks Investment Research
September 14, 2023

Lazard's (LAZ) August AUM Falls 2.9% on Challenging Markets

Lazard's (LAZ) August AUM declines 2.9% to $237.3 billion due to a challenging market backdrop. more_horizontal

Lazard's New Boss Lays Out Strategy

By WSJ
September 14, 2023

Lazard's New Boss Lays Out Strategy

Peter Orszag, who will take over as CEO next month, aims to double the firm's revenue by 2030 and hit average total shareholder returns of 10% to 15% more_horizontal


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