Lazard Ltd Reports Third-Quarter and Nine-Month 2015 Results

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Lazard Ltd. (LAZ) Misses Q3 EPS by 2c

October 22, 2015 6:52 AM EDT

Lazard Ltd. (NYSE: LAZ) reported Q3 EPS of $0.93, $0.02 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $594 million versus the consensus estimate of $607.69 million.

Assets under management of $183 billion as of September 30, 2015, down 8% from September 30, 2014, and down 10% from June 30, 2015. Net... More