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Worden Discussion Forum » General Discussions » Stock and Market Talk » Lazard earnings rise 30%, both revenue and profit jump

Lazard earnings rise 30%, both revenue and profit jump Rate this Topic:
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cashmaker
Posted : Wednesday, August 10, 2005 11:49:27 AM
Registered User
Joined: 3/24/2005
Posts: 38
 LAZ CC give strong guidance for the second half and 2006. M&A business growing and expanding businesses in China and Japan.Announce 2Q dividend.

LAZ miss a penny should not affect its strong revenue growth and aggressive Net Income increase.

Compared to its 2004 business, LAZ grows significantly by their reduce compensation stratergy. A good buy when it goes dip and will pick up its lost ground soon. All their CC sounds good to me so far. People always pessimistic without kowning why. Overreaction should be corrected after investor digest the good CC.

LAZ's comment by DJ news Jed Horowitz

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