Lazard Reports Q2 Non-GAAP EPS Miss but Revenue Beats Estimates
In the second quarter, Lazard reported a non-GAAP earnings per share (EPS) of $0.12, which missed expectations by $0.23. However, revenue came in at $786 million, surpassing estimates by nearly $50 million despite declining 1.3% year-over-year.
Tickers: $LAZ
Topics: earnings financial advisory revenue