Lazard (LAZ) second-quarter 2024 results benefit from lower expenses and an increase in assets under management balances.
The New York-based firm reported net income of $53 million, or 52 cents per share, up from $23 million a year prior.
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.