July 26, 2018 / 10:58 AM / 22 days ago

Lazard quarterly profit rises 22.1 percent

July 26 (Reuters) - Financial adviser Lazard Ltd 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. reut.rs/2LzWD2L

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)

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