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Profits - Blog Posts

investmentsandequity-blog

11 years ago

Lazard Earnings Rise 75%

Kenneth M. Jacobs, Lazard CEO

Earnings have risen 75% on deals and cost cutting. The firm reported it earned $62 million in adjusted profit for the quarter. This amounts to 46 cents a share. They reported a 10% rise in operational revenue to $489 million.

Dealbook also reported Lazard had increased in profits last quarter as well.