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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

34.01USD
20 Aug 2019
Change (% chg)

$-0.09 (-0.26%)
Prev Close
$34.10
Open
$33.88
Day's High
$34.26
Day's Low
$33.63
Volume
88,798
Avg. Vol
197,233
52-wk High
$49.47
52-wk Low
$31.07

Latest Key Developments (Source: Significant Developments)

Lazard Ltd Reports Second-Quarter Adjusted Earnings Per Share Of $0.73
Thursday, 25 Jul 2019 

July 25 (Reuters) - Lazard Ltd ::REPORTS SECOND-QUARTER AND FIRST-HALF 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.73.Q2 GAAP EARNINGS PER SHARE $0.55.Q2 REVENUE $630 MILLION VERSUS REFINITIV IBES ESTIMATE OF $590.8 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.63 -- REFINITIV IBES DATA.AVERAGE ASSETS UNDER MANAGEMENT FOR Q2 OF 2019 WAS $237 BILLION, 3% LOWER THAN Q2 OF 2018.AUM AS OF JUNE 30, 2019, WAS $237 BILLION, APPROXIMATELY EVEN WITH JUNE 30, 2018.FOR Q2 OF 2019, FINANCIAL ADVISORY OPERATING REVENUE WAS $329 MILLION, 21% LOWER THAN Q2 OF 2018.  Full Article

Lazard Declares Quarterly Dividend Of $0.47 Per Share
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Lazard Ltd ::LAZARD DECLARES QUARTERLY DIVIDEND OF $0.47 PER SHARE.  Full Article

Lazard Ltd Files For Potential Mixed Shelf Offering Size Not Disclosed
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Lazard Ltd ::LAZARD LTD FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Lazard Reports First Quarter GAAP Earnings Per Share Of $0.80
Thursday, 25 Apr 2019 

April 25 (Reuters) - Lazard Ltd ::REPORTS FIRST-QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.87.Q1 REVENUE $620 MILLION VERSUS REFINITIV IBES ESTIMATE OF $589.1 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.Q1 GAAP EARNINGS PER SHARE $0.80.AUM AS OF MARCH 31, 2019, WAS $235 BILLION, UP 9% FROM DECEMBER 31, 2018, AND DOWN 7% FROM MARCH 31, 2018.QTRLY FINANCIAL ADVISORY OPERATING REVENUE WAS $330 MILLION, 15% LOWER THAN Q1 OF 2018.DURING OR SINCE Q1 OF 2019 ENGAGED IN A BROAD RANGE OF HIGHLY VISIBLE AND COMPLEX RESTRUCTURING.  Full Article

Lazard Ltd Chairman And CEO's 2018 Total Compensation Was $11.5 Million Versus $11.7 Million In 2017 - SEC Filing
Friday, 15 Mar 2019 

March 15 (Reuters) - Lazard Ltd ::LAZARD LTD - KENNETH M. JACOBS, CHAIRMAN AND CEO'S 2018 TOTAL COMPENSATION WAS $11.5 MILLION VERSUS $11.7 MILLION IN 2017 - SEC FILING.LAZARD LTD - CEO OF LAZARD ASSET MANAGEMENT ASHISH BHUTANI'S 2018 TOTAL COMPENSATION WAS $10.12 MILLION VERSUS $10.08 MILLION IN 2017.LAZARD LTD - RATIO OF CEO’S ANNUAL TOTAL COMPENSATION TO MEDIAN ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES (EXCLUDING CEO) FOR 2018 IS 60 TO 1.  Full Article

Lazard World Dividend & Income Fund Announces Tender Offer
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - Lazard World Dividend and Income Fund Inc ::LAZARD WORLD DIVIDEND & INCOME FUND ANNOUNCES TENDER OFFER IN CONNECTION WITH ITS PROPOSED REORGANIZATION INTO LAZARD GLOBAL TOTAL RETURN AND INCOME FUND.LAZARD WORLD DIVIDEND AND INCOME FUND- HAS APPROVED CONDITIONAL ONE-TIME TENDER OFFER TO ACQUIRE, IN EXCHANGE FOR CASH, UP TO 20% OF LOR'S SHARES OF STOCK.LAZARD WORLD DIVIDEND AND INCOME FUND- ACQUISITION PRICE IS EQUAL TO 98% OF LOR'S NET ASSET VALUE ("NAV") PER SHARE.  Full Article

Lazard Ltd - Beginning February, Intends To Start Reporting Preliminary AUM Of Company's Asset Management Business On A Monthly Basis
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Lazard Ltd ::LAZARD LTD - BEGINNING FEBRUARY , INTENDS TO START REPORTING PRELIMINARY AUM OF COMPANY'S ASSET MANAGEMENT BUSINESS ON A MONTHLY BASIS.LAZARD LTD - CURRENTLY EXPECTS TO ISSUE A PRESS RELEASE INCLUDING AUM INFORMATION ON OR AROUND EIGHTH BUSINESS DAY OF EACH MONTH..  Full Article

Lazard Announces Closing Of Senior Notes Offering
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Lazard Ltd ::LAZARD ANNOUNCES CLOSING OF SENIOR NOTES OFFERING.  Full Article

Lazard Q2 Adjusted Earnings Per Share $1.10 Excluding Items
Thursday, 26 Jul 2018 

Lazard Ltd ::REPORTS SECOND-QUARTER AND FIRST-HALF 2018 RESULTS.Q2 REVENUE $741 MILLION VERSUS I/B/E/S VIEW $667.6 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $1.10 EXCLUDING ITEMS.Q2 GAAP EARNINGS PER SHARE $1.13.Q2 EARNINGS PER SHARE VIEW $0.92 -- THOMSON REUTERS I/B/E/S.AUM AS OF JUNE 30, 2018, WAS $238 BILLION, UP 5% FROM JUNE 30, 2017, AND DOWN 6% FROM MARCH 31, 2018.  Full Article

Lazard Ltd Reports Q1 GAAP Earnings Per Share $1.21
Thursday, 26 Apr 2018 

April 26 (Reuters) - Lazard Ltd ::REPORTS FIRST-QUARTER 2018 RESULTS.Q1 REVENUE $724 MILLION VERSUS I/B/E/S VIEW $653 MILLION.Q1 ADJUSTED EARNINGS PER SHARE $1.26 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.21.Q1 EARNINGS PER SHARE VIEW $1.04 -- THOMSON REUTERS I/B/E/S.AUM AS OF MARCH 31, 2018, WAS $252 BILLION, UP 17% FROM MARCH 31, 2017.FINANCIAL ADVISORY OPERATING REVENUE WAS A FIRST-QUARTER RECORD OF $389 MILLION FOR 2018, 16% HIGHER THAN THE FIRST QUARTER OF 2017.SEQUENTIAL INCREASE IN AUM AS OF MARCH 31, 2018 WAS PRIMARILY DRIVEN BY NET INFLOWS OF $2.4 BILLION.ASSET MANAGEMENT OPERATING REVENUE WAS A FIRST-QUARTER RECORD OF $330 MILLION FOR 2018, 18% HIGHER THAN FIRST QUARTER OF 2017.ON APRIL 25, BOARD AUTHORIZED ADDITIONAL SHARE REPURCHASES OF UP TO $300 MILLION, WHICH EXPIRES AS OF DECEMBER 31, 2020.AS OF MARCH 31, 2018, CO'S CASH AND CASH EQUIVALENTS WERE $962 MILLION.  Full Article

FOCUS-For J.C. Penney CEO, debt haunts turnaround bid

NEW YORK, Aug 6 J.C. Penney Co Inc’s stock has plunged more than 70% over the past year and now trades under $1. Its first-quarter financial loss nearly doubled to $154 million.