07:29 AM EST, 01/29/2026 (MT Newswires) -- Lazard ( LAZ ) reported Q4 adjusted net income Thursday of $0.80 per diluted share, up from $0.78 a year earlier.

Analysts polled by FactSet expected $0.69.

Net revenue for the quarter ended Dec. 31 was $906.7 million, up from $816.9 million a year earlier.

Analysts surveyed by FactSet expected $821.7 million.

Separately, Lazard ( LAZ ) said it has appointed Tracy Farr as chief financial officer, effective Feb. 1.

Farr most recently served as a managing director at the company's capital structure advisory group, Lazard ( LAZ ) said, adding that he will succeed Mary Ann Betsch, who will serve as a senior adviser for a smooth transition.

Shares of Lazard ( LAZ ) were up 2.3% in recent Thursday premarket activity.