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Lazard: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Lazard, Inc. (LAZ) on Friday reported first-quarter profit of $100.9 million.

The New York-based company said it had net income of 91 cents per share. Earnings, adjusted for non-recurring gains, came to 42 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The company posted revenue of $779.4 million in the period. Its adjusted revenue was $673 million, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $744.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAZ at https://www.zacks.com/ap/LAZ

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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