Lazard Ltd Reports Third-Quarter and Nine-Month 2018 Results

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Go back to Lazard Ltd Reports Third-Quarter and Nine-Month 2018 Results

Lazard Ltd. (LAZ) Misses Q3 EPS by 11c, Revenues Miss

October 25, 2018 6:55 AM EDT

Lazard Ltd. (NYSE: LAZ) reported Q3 EPS of $0.86, $0.11 worse than the analyst estimate of $0.97. Revenue for the quarter came in at $626.48 million versus the consensus estimate of $670.77 million.

Record operating revenue for the first nine months of 2018 was tempered by a relatively... More