Lehman Brothers Holdings Inc on Wednesday posted slightly stronger-than expected results, but its shares fell 2.6 percent as investors fretted about the investment bank's subprime mortgage exposure.
Lehman, the fourth-largest US investment bank by market value, said net income rose to $1.15 billion, or $1.96 a share, for the three months ended February 28, from $1.1 billion, or $1.83 a share, a year earlier. The results beat average analyst estimates by a penny, according to Reuters Estimates.
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