LAZ
Lazard Inc (LAZ) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements
Article Summary
HOLD- Lazard Inc. (NYSE: LAZ) reported strong revenue growth driven by strong asset management and financial advisory performance, with assets under management up 15% year-over-year and management fees up 23%.
- Lazard maintained strong capital returns with $103 million in Q2, including $49 million in dividends and $59 million in share repurchases, and declared a quarterly dividend of $0.50 per share.
- The acquisition of Campbell Lutyens is expected to strengthen Lazard's private capital advisory capabilities, positioning it as a global leader in AI-enabled capital advisory.
- However, the company remains highly-compensated with a compensation ratio of 69.9% and a 69.7% adjusted effective tax rate, which could limit future revenue growth.
- The company is experiencing a transitional period with significant turnover of managing directors, which may temporarily impact productivity and revenue growth, and geopolitical uncertainty in Europe and the Middle East remains a risk.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 9.0% | 25% | 35.0 ptsBelow Screener (9.0%) - Weak growth |
| EPS Growth Next 5Y ? | 26.6% | 25% | 80.0 ptsVery Good (26.6%) - Good outlook |
| Target Price Upside ? | 12.7% | 20% | 50.0 ptsMeets Minimum (12.7%) - Target: $48.50 vs Current: $43.05 |
| Gross Margin % ? | 95.1% | 15% | 100.0 ptsExceptional (95.1%) - Strong pricing power |
| Drawdown from 52-Wk High ? | -26.7% | 15% | 80.0 ptsSolid Dip (-26.7%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About LAZ
- Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
- The company operates through two segments, Financial Advisory and Asset Management.
- The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.
- This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers and retail; financial institutions; financial sponsors; healthcare and life sciences; industrials; media, entertainment, and sports; power, energy, and infrastructure; real estate; technology; and telecom and digital infrastructure.
- The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients.
- Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.