Lazard (NYSE:LAZ) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.51 by 17.65 percent. This is a 25 percent decrease over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $672.983 million which missed the analyst consensus estimate of $725.079 million by 7.18 percent. This is a 4.63 percent increase over sales of $643.185 million the same period last year.