Lazard’s Earnings Drop And Bigger Buyback Might Change The Case For Investing In Lazard (LAZ)
Lazard, Inc. reported second-quarter 2026 net income of US$4.81 million, a steep drop from US$55.35 million a year earlier, while also disclosing softer earnings for the first half of the year. Despite this profit pressure, Lazard increased its equity buyback authorization to US$3.80 billions, …