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Here's What Key Metrics Tell Us About Lazard (LAZ) Q3 Earnings

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For the quarter ended September 2026, Lazard (LAZ - Free Report) reported revenue of $804.62 million, up 11% over the same period last year. EPS came in at $0.36, compared to $0.56 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $836.95 million, representing a surprise of -3.86%. The company delivered an EPS surprise of -16.28%, with the consensus EPS estimate being $0.43.

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: $330.24 million versus the two-analyst average estimate of $329.99 million. The reported number represents a year-over-year change of +12.3%.
  • Adjusted net revenue- Financial Advisory: $464.69 million versus the two-analyst average estimate of $514.44 million. The reported number represents a year-over-year change of +10%.
  • Adjusted net revenue- Corporate: $9.69 million versus $11 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +18.4% change.

View all Key Company Metrics for Lazard here>>>

Shares of Lazard have returned +1.5% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

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