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Here's What Key Metrics Tell Us About Lazard (LAZ) Q1 Earnings

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Lazard (LAZ - Free Report) reported $672.98 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 4.6%. EPS of $0.42 for the same period compares to $0.56 a year ago.

The reported revenue represents a surprise of -9.59% over the Zacks Consensus Estimate of $744.35 million. With the consensus EPS estimate being $0.52, the EPS surprise was -19.23%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Lazard performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Adjusted net revenue- Asset Management: $308.84 million versus $312.96 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +16.8% change.
  • Adjusted net revenue- Financial Advisory: $356.17 million compared to the $386.78 million average estimate based on two analysts. The reported number represents a change of -3.6% year over year.
  • Adjusted net revenue- Corporate: $7.98 million versus the two-analyst average estimate of $7.5 million. The reported number represents a year-over-year change of -12.8%.

View all Key Company Metrics for Lazard here>>>

Shares of Lazard have returned +16.9% over the past month versus the Zacks S&P 500 composite's +10.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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