Benzinga | Oct 28, 2021 11:48AM EDT

Lazard's Earnings: A Preview

Lazard (NYSE:LAZ) is set to give its latest quarterly earnings report on Friday, 2021-10-29. Here's what investors need to know before the announcement.

Analysts estimate that Lazard will likely report an Earnings Per Share (EPS) of $0.95

Lazard bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 45.45%.

Here's a look at Lazard's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.88 0.89 0.97 0.47EPS Actual 1.28 0.87 1.66 0.67Price Change % 3.08% -3.16% -0.52% -1.32%

Stock Performance

Shares of Lazard were trading at $51.05 as of October 27. Over the last 52-week period, shares are up 53.82%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here