Reports Q4 adjusted revenue $812M, consensus $754.14M. “2024 demonstrated Lazard’s (LAZ) inflection towards growth, as business conditions improve and the momentum of our long-term strategy delivers strong results,” said CEO Peter Orszag. “In Financial Advisory, we captured market share while increasing revenue by 28 percent during the year. Our Asset Management revenue remained resilient, up 3 percent from the prior year, and we continue to make enhancements in the business. We anticipate an even more constructive environment for both of our businesses in 2025, as we remain focused on helping our clients successfully navigate complex business and investment decisions.”
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