Lazard Ltd. (LAZ) Tops Q2 EPS by 18c, Revenues Beat

Lazard Ltd. (NYSE: LAZ) reported Q2 EPS of $1.10, $0.18 better than the analyst estimate of $0.92. Revenue for the quarter came in at $741 million versus the consensus estimate of $667.57 million.

“Record operating revenue for the second quarter and first half underscores the differentiated strength of Lazard’s franchise,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “Our global platform incorporates diverse revenue streams of significant scale, innovative client solutions that drive performance, and growth opportunities in which we continue to invest.”

For earnings history and earnings-related data on Lazard Ltd. (LAZ) click here.

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