Lazard Q2 Adj. EPS $0.12 Misses $0.37 Estimate, Sales $786.466M Beat $757.462M Estimate
Lazard (NYSE:LAZ) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.37 by 67.57 percent. This is a 76.92 percent decrease over earnings of $0.52 per share from the same
Lazard made less profit per share than people expected, even though it sold more stuff than predicted. When a company's earnings drop sharply like this, it's a sign to watch whether their business is having real problems or just had a rough quarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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