Lazard's Q4 Adjusted Earnings, Revenue Rise

MT Newswires Live

01-30

Lazard Class A-1.72%

Lazard (LAZ) reported Q4 adjusted earnings Thursday of $0.78 per diluted share, up from $0.66 a year earlier.

Analysts polled by FactSet expected $0.51.

Net revenue for the quarter ended Dec. 31 was $816.9 million, compared with $806 million a year earlier.

Analysts surveyed by FactSet expected $749 million.

Lazard shares were up almost 2% in recent premarket activity.

Price: 53.75, Change: +1.03, Percent Change: +1.95

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