Earnings Alerts

Lazard Ltd Cl A (LAZ) Earnings: AUM Decreases to $244.34B in Latest Report

By September 12, 2024 No Comments
  • Lazard Inc reported assets under management (AUM) of $244.34 billion as of September 2024.
  • This represents a 0.7% decrease month-over-month (m/m) from the previous $246.10 billion.
  • Total equity assets under management totaled $188.76 billion.
  • The AUM for equities noted a 1.8% decline m/m.
  • Total fixed income assets under management grew to $46.63 billion.
  • Fixed income AUM showed a positive increase of 1.9% m/m.
  • Analyst recommendations include 7 buys, 3 holds, and 1 sell for Lazard Inc.

A look at Lazard Ltd Cl A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Lazard Ltd Cl A is positioned for a positive long-term outlook. With strong ratings in Dividend and Momentum, the company demonstrates stability and potential for growth in the future. Although the Value, Growth, and Resilience scores are lower, the higher scores in Dividend and Momentum suggest that Lazard Ltd Cl A may offer attractive investment opportunities over the long run.

Lazard Ltd provides asset management and financial advisory services, catering to a diverse range of clients globally. Specializing in mergers and acquisitions, strategic advice, restructuring, and asset management, the company serves corporations, institutions, governments, and individuals. The overall Smartkarma Smart Scores for Lazard Ltd Cl A indicate a balanced outlook, with particular strengths in Dividend yield and Momentum that could drive favorable performance in the foreseeable future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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