For the quarter ended June 2025, Lazard (LAZ) reported revenue of $769.87 million, up 12.5% over the same period last year. EPS came in at $0.52, compared to $0.52 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $688.5 million, representing a surprise of +11.82%. The company delivered an EPS surprise of +36.84%, with the consensus EPS estimate being $0.38.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lazard performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Assets under management - End of Period: $248.36 billion compared to the $236.20 billion average estimate based on two analysts.
- Assets under management - Total Fixed Income: $47.06 billion compared to the $45.12 billion average estimate based on two analysts.
- Assets under management - Net Flows: $0.68 billion versus $-3.51 billion estimated by two analysts on average.
- Adjusted net revenue- Asset Management: $268.49 million versus $261.01 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
- Adjusted net revenue- Financial Advisory: $491.36 million versus $417.05 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +20.5% change.
- Adjusted net revenue- Corporate: $10.02 million versus the three-analyst average estimate of $9.44 million. The reported number represents a year-over-year change of -12.8%.
View all Key Company Metrics for Lazard here>>>
Shares of Lazard have returned +17.4% over the past month versus the Zacks S&P 500 composite's +5.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Lazard, Inc. (LAZ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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