$Lazard (LAZ.US)$Revenue has remained relatively stable over...
$Lazard (LAZ.US)$Revenue has remained relatively stable over the past 5 years, while operating profit has fluctuated and contracted due to a decline in gross margin. It has contracted by 32% over the past 5 years. Net income has been more affected by fluctuations in income tax and interest expenses than operating profit, with a 27.66% decline in 2022 to a level of around 0.4 billion.
Revenue contracted by 12.4% in the first two quarters of 2023, and operating profit suffered a loss of 0.13 billion due to a significant increase in costs. Net income also suffered a loss of 0.14 billion.
Currently, the PE ratio is 9.5 and the PE ratio TTM is in a loss state, so it is temporarily not very attractive.
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