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Market Impact: 0.35

Lazard (LAZ) Q2 Earnings Miss Estimates

Corporate EarningsAnalyst EstimatesCompany Fundamentals
Lazard (LAZ) Q2 Earnings Miss Estimates

Lazard reported quarterly EPS of $0.12, sharply missing the Zacks Consensus Estimate of $0.42 (a -$0.30 or about -71% vs consensus). This follows $0.52 EPS a year ago, signaling a material deterioration in profitability.

Analysis

Lazard reported quarterly EPS of $0.12, sharply missing the Zacks Consensus Estimate of $0.42 (a -$0.30 or about -71% vs consensus). This follows $0.52 EPS a year ago, signaling a material deterioration in profitability.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.55

Ticker Sentiment

LAZ-0.75