Lazard Ltd. (LAZ) Tops Q4 EPS by 10c; Revenues Beat

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Go back to Lazard Ltd. (LAZ) Tops Q4 EPS by 10c; Revenues Beat

Lazard Ltd Reports Full-year and Fourth-Quarter 2019 Results

January 30, 2020 6:49 AM EST

Record fourth-quarter operating revenue reflecting strength across businesses

Entering 2020 with higher assets under management than 2019 and momentum in M&A activity

Returned $850 million to shareholders in 2019 through dividends and share repurchases  

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported annual operating revenue1 of $2,546 million for the year ended December 31, 2019. Net income, as adjusted2, was $385 million, or $3.28 per share (diluted) for the year. Net income on a U.S. GAAP basis for the year was $287 million, or $2.44 per... More