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Dec 31, 2023
Lazard Q4 2023 Earnings Report
Reported a strong finish to a challenging year with forward momentum as the long-term growth strategy was executed.
Key Takeaways
Lazard reported Q4 2023 net revenue of $806 million and adjusted net income of $65 million, or $0.66 per share, diluted. The results reflect a strong finish to a challenging year, with the company winning new client mandates across its business.
Net revenue for the quarter was $806 million.
Net income was $64 million, or $0.65 per share, diluted.
Adjusted net income was $65 million, or $0.66 per share, diluted.
Financial Advisory operating revenue was $477 million, 18% higher than the fourth quarter of 2022.
Forward Guidance
Lazard did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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