Lazard Ltd. (LAZ) Crushes Q2 Consensus Estimates

Lazard Ltd. (NYSE: LAZ) reported Q2 EPS of $0.98, $0.21 better than the analyst estimate of $0.77. Revenue for the quarter came in at $607 million versus the consensus estimate of $582.54 million.

Assets under management of $203 billion as of June 30, 2015, down 1% from June 30, 2014, and up 2% from March 31, 2015. Net inflows of $1.6 billion for second-quarter 2015

For earnings history and earnings-related data on Lazard Ltd. (LAZ) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• RBC initiates GE HealthCare as it sees AI-led innovation cycle driving growth
• SPS Commerce hires Morgan Stanley to explore sale amid activist push - Reuters