Lazard (LAZ) Misses Q3 Earnings and Revenue Estimates

Lazard (LAZ) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of$ 0.41 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.32%. A quarter ago, it was expected that this company would post earnings of$ 0.40 per share when it actually produced earnings of $0.52, delivering a surprise of 30%.Over the last four quarters, the company has surpassed ...