Lazard, Inc. (LAZ) Stock on 8 December 2025: Q3 Beat, Strategic Expansion and a Sharp Sell‑Off – What It All Means for Investors
Lazard shares closed at $50.90 on December 8, down 7% from the previous session on light volume. The drop followed record adjusted revenue and strong advisory and asset management results in Q3, despite a 5% year-over-year decline in GAAP net revenue to $748 million. Adjusted EPS for the quarter rose 47% to $0.56, beating forecasts. Assets under management reached $265 billion, up 17% year-to-date.
