Lazard Ltd. (LAZ) Misses Q3 EPS by 2c

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Go back to Lazard Ltd. (LAZ) Misses Q3 EPS by 2c

Lazard Ltd Reports Third-Quarter and Nine-Month 2015 Results

October 22, 2015 6:50 AM EDT

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ):

Highlights

Net income per share, as adjusted1, of $0.93 (diluted) for the quarter ended September 30, 2015, excluding one-time benefits2, compared to $0.67 (diluted) for the 2014 third quarter. Pre-tax income per share (diluted), as adjusted1, up 33% from third-quarter 2014 Record third-quarter operating revenue1 of $594 million, up 2% from third-quarter 2014; record first nine-month operating revenue of $1,782 million, up 5% from prior-year period Third-quarter Financial Advisory operating revenue of $331 million, up 14% from third-quarter 2014; record first... More