Lazard Ltd. (LAZ) Tops Q3 EPS by 3c

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Lazard Ltd Reports Third-Quarter and Nine-Month 2021 Results

October 29, 2021 6:49 AM EDT

Record operating revenue for the third quarter and first nine months of 2021

Record Financial Advisory third-quarter revenue; high levels of activity globally

Record average assets under management of $278 billion in third quarter

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $702 million for the quarter ended September 30, 2021. Net income, as adjusted2, was $111 million, or $0.98 per share (diluted) for the quarter. On a U.S. GAAP basis, third-quarter 2021 net income was $107 million, or $0.94 per... More