Lazard Ltd is set to announce its latest quarterly earnings on Thursday, April 30th, with a consensus estimate EPS of $0.507.
Lazard Ltd's current price stands at $48.41, showing a decrease of 1.77% from the previous close. The trading volume is $146,818, representing a 10.36% deviation from the average.
In the recent quarterly report on Thursday, April 23rd, Lazard Ltd reported an EPS of 50 cents, slightly below the consensus estimate of $0.511.
The company offers a forward dividend yield of 4.13% and a dividend per share of 50 cents. Year over year, the dividend per share has decreased by 25 cents.
Lazard Ltd generated a free cash flow of $399.84 million, with a net change in cash of $298 million. The company ended the period with $1.50 billion in cash.
The company reported a net income of $49.86 million, with an EPS of 50 cents. Revenue stood at $929.38 million, and the gross profit was $203.60 million.
Key ratios include a net profit margin of 5.37%, return on equity of 5.71%, and a debt ratio of 52.17%.
Lazard Ltd holds total assets of $4.94 billion, with cash and cash equivalents amounting to $1.50 billion. Total liabilities stand at $3.95 billion, with a net debt of $1 billion.
This financial report provides a comprehensive snapshot of Lazard Ltd's current performance and outlook, reflecting a mixed bag of results and metrics.
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and 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. The company was founded in 1848 and is based in Hamilton, Bermuda.