Lazard Ltd. (LAZ) Tops Q3 EPS by 8c
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Lazard Ltd Reports Third-Quarter and Nine-Month 2016 Results
October 27, 2016 6:49 AM EDTNEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ):
Highlights
Net income per share, as adjusted1, of $0.85 (diluted) for the quarter ended September 30, 2016, compared to $0.93 (diluted) for the 2015 third quarter2. On a U.S. GAAP basis, net income per share of $0.85 (diluted) for the 2016 third quarter, compared to $2.99 (diluted) for the 2015 third quarter, which included a significant benefit from the partial extinguishment of our Tax Receivable Agreement obligation2. Pre-tax income per share (diluted), as adjusted1, flat from third-quarter 2015 Record... More