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Lazard LAZ

US equityMarket cap rank #2388
$35.28 −$0.79 (-2.19%)
Market closed · Oct 5, 10:20 pm ET · Last extended-hours $35.28 0.00%
Open$35.91
Prev close$36.07
Day range$35.26 – $36.19
Volume1.29M
Market cap$3.44B
P/E (TTM)17.4
Dividend yield5.67%

Earnings

Average move on report day±3.3%last 16 reports
Closed higher7 of 1644% of the time
Best reaction+11.9%
Worst reaction-6.9%

Stock move on the day after each report

+3.3%2023/Q3+5.4%2023/Q4-1.0%2024/Q1+11.9%2024/Q2+4.5%2024/Q3+4.6%2024/Q4-3.1%2025/Q1-0.7%2025/Q2-1.3%2025/Q3+2.2%2025/Q4-6.9%2026/Q1-1.2%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q223 Jul 2026Pre Market±10.7%-1.22%Within range
2026/Q11 May 2026Pre Market±8.4%-6.95%Within range
2025/Q429 Jan 2026Pre Market±9.0%+2.24%Within range
2025/Q323 Oct 2025Pre Market±9.1%-1.35%Within range
2025/Q224 Jul 2025None±9.1%-0.65%Within range
2025/Q125 Apr 2025None±9.5%-3.09%Within range
2024/Q430 Jan 2025None±9.1%+4.63%Within range
2024/Q331 Oct 2024Pre Market±8.8%+4.54%Within range
2024/Q225 Jul 2024Pre Market±8.3%+11.94%Bigger than priced
2024/Q125 Apr 2024Pre Market±8.3%-1.04%Within range
2023/Q41 Feb 2024Pre Market±5.7%+5.36%Within range
2023/Q326 Oct 2023Pre Market±7.4%+3.34%Within range
2023/Q227 Jul 2023Pre Market±6.2%-0.08%Within range
2023/Q128 Apr 2023Pre Market±7.6%-3.13%Within range
2022/Q42 Feb 2023Pre Market±6.3%-0.75%Within range
2022/Q327 Oct 2022Pre Market±13.0%+2.68%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Financial Advisory$450.17M 54.2%
  • Asset Management$351.03M 42.3%
  • Interest Expense$22.53M 2.7%
  • Corporate$6.47M 0.8%

Latest reported quarter: ANNUAL, ended Dec 2025

Revenue$3.15B+2.0% YoY
Operating profit$376.73M-10.5% YoY
Net profit$251.02M-12.4% YoY
Diluted EPS$2.17-19.0% YoY

Profitability & balance sheet

Gross margin33.8%
Operating margin12.0%
Net margin8.0%

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