Lazard Ltd. (LAZ) Misses Q1 EPS by 4c, Revenues Miss
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Lazard Ltd Reports First-quarter 2020 Results
April 30, 2020 6:49 AM EDTSeamless transition to remote working environment during COVID-19 pandemic
Financial Advisory and Asset Management highly active as clients seek trusted expert advice
$211 million of capital returned to shareholders in first quarter
NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $563 million for the quarter ended March 31, 2020. Net income, as adjusted2, was $67 million, or $0.58 per share (diluted) for the quarter.
First-quarter 2020 net income on a U.S. GAAP... More
