The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
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.

Priya Anand
Markets Analyst
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Stands on 2 placed sources from 2 publishers.
As of 2026-11-02 21:52 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
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.[1]