Lazard Higher Ahead of Earnings

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Lazard Higher Ahead of Earnings

Published on Friday, 03 February 2012 20:37 Written by Christopher Lynn

laz New York, February 3rd (TradersHuddle.com) - Shares of Lazard Ltd (NYSE:LAZ) traded higher by +0.42% ahead of its quarterly earnings release. Lazard, the advisory investment bank is expected to release its quarterly results on February 6^th.

Wall Street Analysts consensus calls for a profit of $0.37 a share on $459.05 million revenue.

Lazard estimates have a range of $0.24 a share. The high estimate calls for profit of $0.54 a share and the low estimate is calling for a profit of $0.3 a share, a year ago for the quarter the company reported $0.76 a share.

Lazard Ltd (NYSE:LAZ) provides domestic and international financial advisory services and global transaction execution to corporations, partnerships, institutions, governments, and individuals. Its services include mergers and acquisitions, capital markets execution, asset management, and real estate investment banking.

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