Live Trump is digging in after China retaliated to his tariffs. See the latest updates. LSE - Delayed Quote • USD Lazard, Inc. (0UB6.L) Follow Compare 35.20 -4.16 (-10.57%) At close: 6:17:46 PM GMT+1 All News Press Releases SEC Filings Third Avenue Value Fund Exits Lazard Inc, Impacting Portfolio by -2.46% Exploring the Strategic Moves of Third Avenue Value Fund (Trades, Portfolio) in Q1 2025 Lazard and Arini Enter Cooperation and Sourcing Agreement for EMEA Private Credit LONDON & PARIS, March 25, 2025--Lazard, Inc. (NYSE: LAZ), a global financial advisory and asset management firm, and Arini Capital Management ("Arini"), a leading alternative credit manager, today announced an alliance focused on direct lending solutions for borrowers across EMEA. Lazard's February AUM Balance Declines Sequentially on Net Outflows LAZ's AUM balance in February 2025 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation. Lazard Reports February 2025 Assets Under Management NEW YORK, March 12, 2025--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of February 28, 2025, totaled approximately $232.9 billion. The month’s AUM included net outflows of $0.8 billion, foreign exchange appreciation of $0.5 billion and market appreciation of $0.1 billion. Lazard Appoints Peter Harrison to Board of Directors NEW YORK, March 03, 2025--Lazard, Inc. (NYSE: LAZ) today announced that Peter Harrison has been appointed to its Board of Directors, effective today. Mr. Harrison has more than 35 years of experience in investment management, most recently serving as Group CEO of Schroders plc, a global investment manager and FTSE 100 company, from 2016 until his retirement in 2024. This appointment reinforces Lazard’s focus on further strengthening and diversifying its asset management business. Altice France Cedes Stake to Lenders in $25 Billion Debt Deal The European telecom led by billionaire Patrick Drahi has reached one of the largest liability-management deals to date. Lazard Hires Chris Miller as Managing Director, Power, Energy & Infrastructure Advisory NEW YORK, February 19, 2025--Lazard, Inc. (NYSE: LAZ) today announced that Chris Miller joined the firm as a Managing Director within the Power, Energy & Infrastructure Advisory business, based in Houston. Within his role, Chris will advise clients in the Energy industry, focused on Oil & Gas. This appointment demonstrates Lazard’s successful global recruiting efforts as the firm continues to execute its long-term growth strategy. Lazard Reports January 2025 Assets Under Management NEW YORK, February 12, 2025--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of January 31, 2025 totaled approximately $233.0 billion. The month’s AUM included market appreciation of $6.1 billion, foreign exchange appreciation of $0.4 billion and net inflows of $0.3 billion. Lazard Soars 42.7% in a Year: How Should You Play the Stock Now? LAZ's rising AUM balance and ambitious 2030 target look encouraging. Read on to know whether it is the right time to buy the stock. T. Rowe Price Q4 Earnings Miss on Higher Expenses Y/Y, Stock Down 1.8% TROW's fourth-quarter 2024 results miss estimates on higher expenses. Yet, higher net revenues driven by a rise in AUM are a positive. Lazard Stock Gains as Earnings & Revenues Beat Estimates in Q4 LAZ's fourth-quarter 2024 results benefit from higher revenues, and increased loans and deposit balances. Lazard Full Year 2024 Earnings: Beats Expectations Lazard ( NYSE:LAZ ) Full Year 2024 Results Key Financial Results Revenue: US$3.05b (up 21% from FY 2023). Net income... Lazard Inc (LAZ) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges Lazard Inc (LAZ) reports an 18% increase in firm-wide adjusted net revenue for 2024, despite a decline in assets under management and rising expenses. Q4 2024 Lazard Inc Earnings Call Q4 2024 Lazard Inc Earnings Call Here's What Key Metrics Tell Us About Lazard (LAZ) Q4 Earnings Although the revenue and EPS for Lazard (LAZ) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. Lazard Shares Jump as Profit Rises 36% on Advisory Work Lazard reported fourth-quarter profit that sailed past Wall Street’s estimates as revenue from its financial advisory business, particularly in counseling companies on restructurings, rose last year. Lazard Chief Executive Peter Orszag said on a call with reporters that he views the potential for a “much more favorable regulatory and antitrust environment” to boost dealmaking activity this year. In 2024, financial advisory revenue jumped 27% from a year earlier while asset management revenue rose 3%. Smaller economies' medium term default risk could have risen Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have emerged from a series of sovereign defaults, financial adviser Lazard said. Investors do not expect more sovereign defaults in 2025, but credit metrics for smaller and riskier countries, known as frontier markets, point to a structural weakening, especially for governments in Africa, Thomas Lambert, of Lazard's sovereign advisory team, said. Markets expect it to be steady until June as Donald Trump's second administration has left the policy backdrop extremely uncertain. Lazard (LAZ) Beats Q4 Earnings and Revenue Estimates Lazard (LAZ) delivered earnings and revenue surprises of 52.94% and 9.86%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Lazard: Q4 Earnings Snapshot NEW YORK (AP) — Lazard, Inc. LAZ) on Thursday reported fourth-quarter net income of $86.3 million. The New York-based company said it had net income of 80 cents per share. Lazard quarterly profit climbs as dealmaking recovery boosts advisory business (Reuters) -Investment bank Lazard reported a rise in fourth-quarter profit on Thursday owing to a strong performance in its advisory business, which benefited from an industry-wide resurgence in dealmaking as borrowing costs eased after two years. Interest-rate cuts by the Federal Reserve and expectations of a friendlier regulatory environment for deals and offerings under U.S. President Donald Trump's administration have improved sentiment among bankers. Mirroring the trend, Lazard also reported a 6% rise in financial advisory revenue on an adjusted basis in the last three months of 2024, to $508 million over the previous year. Performance Overview Trailing total returns as of 4/4/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return 0UB6.L MSCI WORLD (^990100-USD-STRD) YTD -30.83% -9.46% 1-Year -10.78% -0.87% 3-Year 0.00% +8.94%