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Lazard, Inc.
Lazard, Inc. reported third-quarter 2026 GAAP net revenue of $814 million and net income of $29 million, or $0.26 per diluted share. The company declared a quarterly dividend of $0.50 per share payable on November 13, 2026, and returned a total of $88 million to shareholders during the third quarter.…more
Lazard, Inc.
Michael Gathy, Chief Accounting Officer of Lazard, Inc., will resign effective December 11, 2026, to pursue other opportunities. Starting on that date, CFO Tracy Farr will assume the additional responsibilities of principal accounting officer.…more
Lazard, Inc.
BlackRock, Inc. updated its Power of Attorney on January 21, 2025, to appoint authorized representatives for managing ownership reporting requirements for the company and its subsidiaries. This filing formalizes the administrative authority regarding the reporting of BlackRock's beneficial ownership in Lazard, Inc.…more
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Lazard Q3 Earnings and Revenue Miss Estimates
Lazard reported Q3 adjusted EPS and revenue that both fell short of analyst expectations. While revenue saw a year-over-year increase, the significant decline in EPS highlights ongoing profitability challenges.…more
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Lazard's assets under management totaled $284 billion at the end of September, impacted by market depreciation and net outflows. The preliminary average AUM for the third quarter was reported at $286.6 billion.…more
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Lazard's assets under management reached approximately $290.3 billion at the end of August, driven by market appreciation and currency gains. However, the firm experienced net outflows of $1.8 billion during the period.…more
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