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Market Update : 
Lehman Bros Exceeds Expectations
Author: Elena Todorova
123jump.com
Last Update: 8:44 AM EDT September 13 2006



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Lehman Brothers reported Q3 profit increase to $916 million, or $1.57 a share from $864 million, or $1.47 a share last year, supported by higher trading revenue. The company''s revenue in the quarter totaled $4.18 billion, compared to $3.85 billion. Company’s quarterly results exceeded expectations of 1.50 a share, on revenue of $4.01 billion.

 

 

 

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