Lazard reported second-quarter earnings on July 31. Revenue was $572 million, 9% lower than the same period last year. Adjusted net income was down 12% to $75 million.
PJT Partners said on July 28 that revenue was $233 million for the second quarter, a 40% increase from the same period in 2019. Net income for the period was $41 million, versus $10 million in 2019’s second quarter. Moelis released earnings on July 29 for the three months to the end of June. Revenue of $160 million was up 4% from 2019’s second quarter, but it lost $9 million compared with a $38 million profit in the same period last year.
Evercore reported on July 22 that second-quarter revenue fell 5% versus the same period last year to $507 million.
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