secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K
Filed at:   2021-10-29T23:59:59+00:00
Accession:  0001193125-21-312293
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazard Q3 2021: record operating revenue $702M, adjusted EPS $0.98, GAAP EPS $0.94
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- Third-quarter operating revenue $702M (record), up 23% YoY from $569M.
- Net income (adjusted) $111M ($0.98 EPS); GAAP net income $107M ($0.94 EPS).
- Financial Advisory revenue record $381M, up 24%; Asset Management revenue $311M, up 19%.
- Average AUM record $278B, up 23% YoY; period-end AUM $273B, down 2% QoQ on FX and net outflows.
- Board declared quarterly dividend $0.47/share, payable Nov 19 to holders of record Nov 8.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000119312521312293/0001193125-21-312293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000119312521312293/d146255d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-312293

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer