Lazard Ltd. (LAZ) Tops Q4 EPS by 2c, Revenues Beat

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Go back to Lazard Ltd. (LAZ) Tops Q4 EPS by 2c, Revenues Beat

Lazard Ltd Reports Full-Year and Fourth-Quarter 2018 Results

February 5, 2019 6:49 AM EST

Record annual operating revenue of $2.75 billion, up 4% from prior year

Record annual adjusted net income per share (diluted) of $4.16, up 10% from prior year

Returned over $1 billion to shareholders through dividends and share repurchases

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported record annual operating revenue1 of $2,755 million for the year ended December 31, 2018. Net income, as adjusted2, was a record $539 million, or $4.16 per share (diluted) for the year. Net income on a U.S. GAAP basis for the year was... More