Lazard Ltd. (LAZ) Tops Q1 EPS by 18c

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Go back to Lazard Ltd. (LAZ) Tops Q1 EPS by 18c

Lazard Ltd Reports First-quarter 2022 Results

April 28, 2022 6:49 AM EDT

Financial Advisory operating revenue increase driven by both Europe and North America

Asset Management investment performance generated strong incentive fees despite turbulent markets

Returned $281 million in capital to shareholders, including significant reduction in share count

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $699 million for the quarter ended March 31, 2022. Net income, as adjusted2, was $115 million, or $1.05 per share (diluted) for the quarter.

First-quarter 2022 net income on a U.S. GAAP basis was $114 million, or $1.05 per... More