Lazard's Q4 profit climbs on deal-making rebound-March 2024-www.financetom.com

Lazard's Q4 profit climbs on deal-making rebound

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Lazard's Q4 profit climbs on deal-making rebound

Jan 30, 2025 3:59 AM

Jan 30 (Reuters) - Investment bank Lazard ( LAZ )

reported a rise in fourth-quarter profit on Thursday, helped by

a strong performance in its advisory business.

Lazard ( LAZ ) posted a net income of $85 million, or 78 cents per

share, on an adjusted basis for the three months ended Dec. 31,

compared to $65 million, or 66 cents apiece, in the year-ago

period.

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