Lazard Inc 's (LAZ) Outlook

Company Name, Ticker, Suppliers, else..

Lazard Inc (NYSE: LAZ)

Sector • Financial Industry • Investment Services

Industry • Investment Services

Sector • Financial

Lazard Inc Outlook

On April 25 2024 the Lazard Inc provided following guidance

Lazard Inc. (NYSE: LAZ) announced its first-quarter 2024 financial results on April 25th, reporting a net revenue of $765 million and adjusted net revenue of $747 million for the quarter ending March 31, 2024. The company also reported a first-quarter net income of $36 million, or $0.35 per share, diluted, on a U.S. GAAP basis. Adjusted net income for the quarter was $67 million, or $0.66 per share, diluted.

Lazard highlighted that its record first-quarter revenue is a result of an improving MandA environment, indicating a strong start to the year. The company remains optimistic about the outlook for the rest of the year, citing expectations for a productive and successful year ahead.

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