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Lazard's Shares Gain After Reporting Q3 Adjusted Earnings, Net Revenue Rise
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Lazard's Shares Gain After Reporting Q3 Adjusted Earnings, Net Revenue Rise
Nov 3, 2024 3:44 PM

10:01 AM EDT, 10/31/2024 (MT Newswires) -- Lazard's ( LAZ ) shares were up 2.7% in early Thursday trading after reporting Q3 adjusted earnings of $0.38 per diluted share, compared with $0.10 a year earlier.

Analysts surveyed by Capital IQ expected $0.39.

Adjusted net revenue for the quarter ended Sept. 30 was $645.9 million, compared with $531.6 million a year earlier. Analysts surveyed by Capital IQ expected $649.1 million.

Price: 52.75, Change: +2.06, Percent Change: +4.06

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