Lazard (NYSE:LAZ) reported its Q4 earnings results on Thursday, February 3, 2022 at 06:49 AM.
Here's what investors need to know about the announcement.
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Earnings
Lazard beat estimated earnings by 33.33%, reporting an EPS of $1.92 versus an estimate of $1.44, which surprised analysts.
Revenue was up $119.18 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 6.61% drop in the share price the next day.
Here's a look at Lazard's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 0.88 | 0.89 | 0.97 |
| EPS Actual | 0.98 | 1.28 | 0.87 | 1.66 |
| Revenue Estimate | 715.32M | 652.31M | 658.44M | 686.22M |
| Revenue Actual | 701.64M | 821.45M | 647.86M | 848.77M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
