Lazard Non-GAAP EPS of $0.12 misses by $0.23, revenue of $786M beats by $49.99M

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Lazard press release ( LAZ ): Q2 Non-GAAP EPS of $0.12 misses by $0.23 . Revenue of $786M (-1.3% Y/Y) beats by $49.99M . For the second quarter of 2026, Financial Advisory reported net revenue and adjusted net revenue 1 of $450 million and $445 million, respectively, both

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In Lazard's Q2 earnings report, Non-GAAP EPS came in at $0.12, missing expectations by $0.23 and underperforming, while revenue reached $786 million, beating market forecasts by $49.99 million. Notably, the financial advisory sector showed resilience with $450 million in net revenue. Investors are closely evaluating the balance between deteriorating profitability and slowing revenue growth.

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