Lazard Future Growth

Future criteria checks 5/6

Lazard is forecast to grow earnings and revenue by 42.2% and 8.8% per annum respectively. EPS is expected to grow by 48.1% per annum. Return on equity is forecast to be 68.4% in 3 years.

Key information

42.2%

Earnings growth rate

48.1%

EPS growth rate

Capital Markets earnings growth	13.9%
Revenue growth rate	8.8%
Future return on equity	68.4%
Analyst coverage	Good
Last updated	13 May 2024

Recent future growth updates

No updates

Recent updates

Lazard: 5% Dividend Yield And Expected Growth Driven By Rebound In M&A And Equity Markets

Feb 18

Lazard (NYSE:LAZ) Is Due To Pay A Dividend Of $0.50

Feb 06

Many Still Looking Away From Lazard, Inc. (NYSE:LAZ)

Jan 05

Earnings and Revenue Growth Forecasts

NYSE:LAZ - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,529	400	701	752	2
12/31/2025	3,187	383	628	676	6
12/31/2024	2,926	240	536	582	6
3/31/2024	2,742	-22	456	486	N/A
12/31/2023	2,521	-80	136	165	N/A
9/30/2023	2,431	-101	93	137	N/A
6/30/2023	2,631	-3	497	538	N/A
3/31/2023	2,623	216	595	636	N/A
12/31/2022	2,773	352	784	834	N/A
9/30/2022	3,054	517	933	973	N/A
6/30/2022	3,045	518	894	936	N/A
3/31/2022	3,234	546	730	776	N/A
12/31/2021	3,194	519	826	866	N/A
9/30/2021	3,067	499	678	734	N/A
6/30/2021	2,933	467	535	591	N/A
3/31/2021	2,684	418	549	609	N/A
12/31/2020	2,567	395	512	576	N/A
9/30/2020	2,416	285	579	615	N/A
6/30/2020	2,422	257	545	595	N/A
3/31/2020	2,480	249	634	683	N/A
12/31/2019	2,583	283	635	678	N/A
9/30/2019	2,556	321	675	726	N/A
6/30/2019	2,594	382	681	717	N/A
3/31/2019	2,711	464	537	576	N/A
12/31/2018	2,829	527	649	699	N/A
9/30/2018	2,803	330	564	615	N/A
6/30/2018	2,805	332	671	721	N/A
3/31/2018	2,778	306	851	891	N/A
12/31/2017	2,642	254	N/A	1,029	N/A
9/30/2017	2,658	465	N/A	1,008	N/A
6/30/2017	2,641	468	N/A	956	N/A
3/31/2017	2,451	428	N/A	801	N/A
12/31/2016	2,335	388	N/A	633	N/A
9/30/2016	2,254	418	N/A	667	N/A
6/30/2016	2,216	703	N/A	694	N/A
3/31/2016	2,271	997	N/A	752	N/A
12/31/2015	2,328	986	N/A	887	N/A
9/30/2015	2,372	1,001	N/A	840	N/A
6/30/2015	2,350	691	N/A	818	N/A
3/31/2015	2,328	402	N/A	717	N/A
12/31/2014	2,300	427	N/A	736	N/A
9/30/2014	2,266	308	N/A	774	N/A
6/30/2014	2,201	280	N/A	643	N/A
3/31/2014	2,126	226	N/A	654	N/A
12/31/2013	1,988	160	N/A	527	N/A
9/30/2013	1,935	102	N/A	410	N/A
6/30/2013	1,881	75	N/A	461	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LAZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: LAZ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LAZ is expected to become profitable in the next 3 years.

Revenue vs Market: LAZ's revenue (8.8% per year) is forecast to grow faster than the US market (8.7% per year).

High Growth Revenue: LAZ's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LAZ's Return on Equity is forecast to be very high in 3 years time (68.4%).

Lazard Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

Lazard, Inc. Appoints Ali Syed as Managing Director and Head of Sovereign and Pension Fund Coverage

Investors Continue Waiting On Sidelines For Lazard, Inc. (NYSE:LAZ)

Executive Chairman notifies of intention to sell stock

Lazard, Inc. Appoints Ben Braun as Managing Director and Global Head of Media, Entertainment & Sports Advisory

Lazard: Liability Management Pickup, Markets Equilibrating

Lazard, Inc. Appoints Michele Colocci as Vice Chairman, Investment Banking and Managing Director, Healthcare, Effective June 3, 2024

Lazard (NYSE:LAZ) Is Paying Out A Dividend Of $0.50

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Lazard, Inc. Declares Quarterly Dividend, Payable on May 17, 2024

Lazard, Inc. (NYSE:LAZ) acquired 25% stake in Elaia Partners.

Now 20% undervalued after recent price drop

Lazard, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Lazard, Inc., Annual General Meeting, May 09, 2024

New minor risk - Shareholder dilution

Lazard: 5% Dividend Yield And Expected Growth Driven By Rebound In M&A And Equity Markets

Lazard (NYSE:LAZ) Is Due To Pay A Dividend Of $0.50

Fourth quarter dividend of US$0.50 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Lazard, Inc. Announces Board Appointments, Effective February 1, 2024