NYSE$LAZ
Lazard Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Lazard's Q2 2024 results were reported, featuring record revenue in Financial Advisory for the first half of the year and solid performance in Asset Management.
Lazard reported net revenue of $685 million for Q2 2024. Financial Advisory saw record revenue, while Asset Management produced solid results. The company is investing in talent to support long-term growth.
- Lazard reported net revenue of $685 million for the quarter ended June 30, 2024.
- Financial Advisory reported record first-half adjusted net revenue of $855 million.
- Asset Management reported quarter-end AUM of $245 billion.
- The company is investing in talent firm-wide to support long-term growth strategy.
Headline financials
Revenue & EPS history
Lazard · Revenue · Quarterly
$708M
Revenue by segment
Lazard · $523M total across 2 segments · Q3 2023
- Asset Management$262M—50.1%
- Financial Advisory$261M—49.9%
Forward guidance
Lazard did not provide specific forward guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.8%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-1.2%
Avg return
30 days after
55%
38 / 69 earnings
Positive
+11.8%
Q2 2024
Best reaction
-11.3%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | -4.0% | -2.9% | |
| Q4 2025 | +2.3% | -0.5% | -3.8% | |
| Q3 2025 | -1.4% | -1.6% | -3.7% | |
| Q2 2025 | -0.2% | -3.0% | +0.3% | |
| Q1 2025 | -3.1% | -2.4% | +7.9% | |
| Q4 2024 | +4.6% | -1.0% | -4.9% | |
| Q3 2024 | +5.2% | +4.9% | +14.6% | |
| Q2 2024 | +11.8% | +11.2% | +15.2% | |
| Q1 2024 | -0.8% | -2.0% | +5.9% | |
| Q4 2023 | +5.2% | +1.0% | +0.5% | |
| Q3 2023 | +4.1% | +0.8% | +0.1% | |
| Q2 2023 | -1.1% | -3.2% | -9.4% | |
| Q1 2023 | -3.5% | -7.7% | -11.0% | |
| Q4 2022 | -1.8% | -5.9% | -7.6% | |
| Q3 2022 | +6.5% | +3.6% | +1.5% | |
| Q2 2022 | +8.8% | +9.3% | +6.5% | |
| Q1 2022 | -2.1% | +1.5% | +6.2% | |
| Q4 2021 | -3.9% | -4.3% | -21.4% | |
| Q3 2021 | -7.2% | -7.2% | -16.0% | |
| Q2 2021 | +5.9% | +3.6% | +6.5% | |
| Q1 2021 | -3.0% | -0.9% | +1.5% | |
| Q4 2020 | -2.2% | -4.3% | -5.9% | |
| Q3 2020 | +0.4% | +7.0% | +13.2% | |
| Q2 2020 | +10.1% | +12.7% | +14.9% | |
| Q1 2020 | -9.0% | -10.7% | -3.4% | |
| Q4 2019 | -1.7% | -0.8% | -16.1% | |
| Q3 2019 | -2.8% | +0.9% | +0.5% | |
| Q2 2019 | +2.3% | +2.4% | -11.3% | |
| Q1 2019 | +4.9% | +3.4% | -11.5% | |
| Q4 2018 | -5.6% | -6.1% | -14.2% | |
| Q3 2018 | -3.5% | -1.3% | +0.6% | |
| Q2 2018 | +0.6% | +3.4% | -7.8% | |
| Q1 2018 | +3.1% | +6.1% | +4.6% | |
| Q4 2017 | -0.8% | -3.0% | -10.1% | |
| Q3 2017 | +4.3% | +5.0% | +5.0% | |
| Q2 2017 | -3.9% | -2.7% | -11.9% | |
| Q1 2017 | -3.1% | -2.0% | +1.5% | |
| Q4 2016 | +1.0% | +1.7% | -0.1% | |
| Q3 2016 | +0.8% | +0.4% | +9.0% | |
| Q2 2016 | +7.0% | +1.0% | +9.5% | |
| Q1 2016 | -5.7% | — | — | |
| Q4 2015 | -11.3% | — | — | |
| Q3 2015 | +7.7% | — | — | |
| Q2 2015 | -2.8% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | +4.0% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | +4.4% | — | — | |
| Q1 2014 | +6.5% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | +6.1% | — | — | |
| Q2 2013 | +6.3% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q2 2012 | -0.0% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q1 2012 | -4.2% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | +8.9% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q1 2010 | +2.1% | — | — | |
| Q2 2010 | +0.8% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q4 2008 | +0.8% | — | — | |
| Q3 2009 | -3.1% | — | — | |
| Q3 2010 | -3.1% | — | — | |
| Q4 2009 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro