Lazard, Inc. (NYSE:LAZ) Q4 2024 Earnings Conference Call
January 30, 2025 8:00 AM ET
Company Participants:
Alexandra Deignan – Head-Investor Relations and Treasury
Peter Orszag – Chief Executive Officer and Chairman
Mary Ann Betsch – Chief Financial Officer
Evan Russo – Chief Executive Officer-Asset Management
Conference Call Participants:
Devin Ryan – Citizens JMP
Brennan Hawken – UBS
Brendan O’Brien – Wolfe Research
Jim Mitchell – Seaport Global Securities
James Yaro – Goldman Sachs
Aidan Hall – KBW
Ryan Kenny – Morgan Stanley
Mike Brown – Wells Fargo
Operator: Good morning, everyone. Welcome to Lazard’s Fourth Quarter and Full Year 2024 Earnings Conference Call.
Today’s earnings call provided valuable insight into Lazard’s financial performance, strategic initiatives, and outlook for the future. Alexandra Deignan, Head of Investor Relations and Treasury, Peter Orszag, Chief Executive Officer and Chairman, Mary Ann Betsch, Chief Financial Officer, and Evan Russo, Chief Executive Officer of Asset Management, all shared their perspectives on the company’s achievements and challenges over the past year.
During the Q&A session, various conference call participants, including Devin Ryan from Citizens JMP, Brennan Hawken from UBS, and Brendan O’Brien from Wolfe Research, posed thoughtful questions and engaged in discussions with the Lazard leadership team. Insights from industry analysts such as Jim Mitchell from Seaport Global Securities, James Yaro from Goldman Sachs, Aidan Hall from KBW, Ryan Kenny from Morgan Stanley, and Mike Brown from Wells Fargo, added depth to the conversation.
Overall, the conference call highlighted Lazard’s commitment to financial excellence, innovation, and long-term value creation for its stakeholders. By focusing on strategic growth opportunities and delivering superior results, Lazard continues to position itself as a leader in the global financial services industry.
How This Will Affect Me:
As an investor, the insights shared during Lazard’s earnings conference call can help me make informed decisions about my investment portfolio. Understanding the company’s financial performance and strategic direction allows me to assess the potential risks and opportunities associated with holding Lazard’s stock.
How This Will Affect the World:
Lazard’s success and strategic initiatives have a ripple effect on the global economy and financial markets. As a key player in the financial services industry, Lazard’s decisions and actions can influence market trends, investor sentiment, and overall economic stability. By demonstrating financial excellence and innovation, Lazard sets a benchmark for other companies to follow, shaping the future of the financial services sector worldwide.
Conclusion:
The Lazard Q4 2024 Earnings Conference Call provided valuable insights into the company’s performance and strategic direction. By engaging with investors, analysts, and industry experts, Lazard demonstrated its commitment to transparency, financial excellence, and long-term value creation. As we look to the future, Lazard’s leadership and strategic initiatives will continue to have a significant impact on the financial services industry and the global economy.
