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BRIEF-Lazard Ltd Reports Full-Year And Q4 2020 Results

· 02/05/2021 07:29
BRIEF-Lazard Ltd Reports Full-Year And Q4 2020 Results

- Lazard Ltd LAZ.N:

  • LAZARD LTD REPORTS FULL-YEAR AND FOURTH-QUARTER 2020 RESULTS

  • Q4 GAAP EARNINGS PER SHARE $1.64

  • Q4 ADJUSTED EARNINGS PER SHARE $1.66

  • Q4 REVENUE ROSE 20 PERCENT TO $849 MILLION

  • FOR Q4 OF 2020, FINANCIAL ADVISORY OPERATING REVENUE WAS $509 MILLION, 29% HIGHER THAN Q4 OF 2019

  • AUM AS OF DECEMBER 31, 2020 WAS OF $259 BILLION, UP 4% FROM DECEMBER 31, 2019, AND UP 14% FROM SEPTEMBER 30, 2020

  • Q4 EARNINGS PER SHARE VIEW $0.97 -- REFINITIV IBES DATA

  • QTRLY NET REVENUE $878.2 MILLION VERSUS $721.3 MILLION

Source text for Eikon: ID:nBwb48tSKa

Further company coverage: LAZ.N


((Reuters.Briefs@thomsonreuters.com;))