Lazard Ltd. (LAZ) Tops Q4 EPS by 12c

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Lazard Ltd Reports Full-Year and Fourth-Quarter 2016 Results

February 2, 2017 6:49 AM UTC

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

Net income per share, as adjusted1, of $3.09 (diluted) for full-year 2016, compared to $3.60 (diluted) for 20152. On a U.S. GAAP basis, net income per share of $2.92 (diluted) for full-year 2016, which included a net charge of $0.17, compared to $7.40 (diluted) for 2015, which included a net benefit of $3.80 (primarily tax-related)2. Full-year 2016 pre-tax income per share (diluted), as adjusted1, down 6% from 2015 Net income per share, as adjusted1, of $1.13 (diluted) for the... More