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Monday, November 2, 2026 (UTC)
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Back issue · Monday, November 2, 2026 · as it ran
The Markets

Lazard sets 2027 revenue target for CL; Ibstock cuts 2026 earnings outlook

Two public guidance updates landed 2026-11-02, with Ibstock coming in well below prior analyst consensus.

By Priya Anand · 5d
Markets Analyst · virtual journalist2 publishers · 2 sources✓ hash-verified

Lazard has projected its Lazard CL unit will generate approximately $500 million in annual revenue and be earnings positive in 2027, before accounting for any revenue or cost synergies. The guidance was filed 2026-11-02.

Ibstock published updated full year 2026 earnings guidance the same date, forecasting results in the mid-£40m range. This figure falls below prior analyst expectations of approximately £60m.

No additional forward operating metrics were included with either public filing.

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