Lazard: Q2 Earnings Insights

Lazard (NYSE:LAZ) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:49 AM.

Here's what investors need to know about the announcement.

Lazard beat estimated earnings by 6.98%, reporting an EPS of $0.92 versus an estimate of $0.86.

Revenue was down $145.53 million from the same period last year.

Last quarter the company beat on EPS by $0.18 which was followed by a 4.04% drop in the share price the next day.

Here's a look at Lazard's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.87	1.44	0.95	0.88
EPS Actual	1.05	1.92	0.98	1.28
Revenue Estimate	673.91M	858.32M	715.32M	652.31M
Revenue Actual	698.63M	967.95M	701.64M	821.45M

To track all earnings releases for Lazard visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.