Lazard Inc.’s (LAZ) shares jumped 5.36% following the release of its fourth-quarter and full-year 2023 results. Quarterly adjusted earnings per share of 66 cents beat the Zacks Consensus Estimate of 35 cents. However, the bottom line compared unfavorably with the prior-year quarter’s earnings of 69 cents per share.The results benefited from increased revenues and assets under management (AUM) balances. Nonetheless, higher expenses acted as spoilsports.Lazard’s net income (GAAP) was $63.6 million, which incr ...