2023-04-29 17:31
Lazard (NYSE:LAZ) Announces Quarterly Earnings Results
Lazard ( NYSE:LAZ – Get Rating ) issued its earnings results on Friday. The asset manager reported ($0.26) EPS for the quarter, missing the consensus estimate of $0.30 by ($0.56), Briefing.com reports. The company had revenue of $561.20 million for the quarter, compared to analysts' expectations of $549.62 million. Lazard had a return on equity of 48.82% and a net margin of 12.52%. Lazard's revenue for the quarter was down 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.

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