Lazard Ltd. (LAZ) Tops Q3 EPS by 20c, Revenues Beat
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Lazard Ltd Reports Third-quarter and Nine-month 2020 Results
October 29, 2020 6:49 AM EDTOperating revenue momentum in Financial Advisory and Asset Management
M&A announcements accelerated in U.S. and Europe; global leader in restructuring
Average assets under management increased 8% from the second quarter
NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $569 million for the quarter ended September 30, 2020. Net income, as adjusted2, was $76 million, or $0.67 per share (diluted) for the quarter. On a U.S. GAAP basis, third-quarter 2020 net income was $75 million, or $0.66 per share... More
