Lazard Ltd Reports Second-Quarter and First-Half 2015 Results

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Lazard Ltd. (LAZ) Crushes Q2 Consensus Estimates

July 23, 2015 7:27 AM EDT

Lazard Ltd. (NYSE: LAZ) reported Q2 EPS of $0.98, $0.21 better than the analyst estimate of $0.77. Revenue for the quarter came in at $607 million versus the consensus estimate of $582.54 million.

Assets under management of $203 billion as of June 30, 2015, down 1% from June 30, 2014, and up 2% from March 31, 2015. Net... More