Lazard quarterly profit rises 22.1 percent
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(Reuters) - Financial adviser Lazard Ltd (LAZ.N) reported a 22.1 percent rise in quarterly profit on Thursday, helped by growth in its financial advisory and asset management businesses.
Net income attributable to Lazard rose to $147 million, or $1.13 per share, in the second quarter ended June 30, from $120.4 million, or 91 cents per share, a year ago.
Analysts on average were expecting a profit of 92 cents per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the numbers were comparable.
(Reporting By Aparajita Saxena and Diptendu Lahiri in Bengaluru; Editing by Supriya Kurane)
