secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K/A
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001193125-22-127827
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazard Q1 2022 adjusted EPS $1.05, revenue $699M; Financial Advisory up 22%
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- Adjusted diluted EPS $1.05 vs $0.87 YoY (+21%); GAAP EPS $1.05; adjusted net income $115M.
- Total operating revenue $699M (+8% YoY); Financial Advisory $388M (+22%), Asset Management $312M (-5%).
- AUM $253B at period end (-5% YoY); net outflows $6.5B and market depreciation $12.4B in Q1.
- Returned $281M to shareholders: $47M dividends, $176M share repurchases (4.7M shares at $37.26 avg), $58M tax withholdings.
- Quarterly dividend of $0.47 declared, payable May 20, record May 9; remaining buyback authorization $318M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000119312522127827/0001193125-22-127827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000119312522127827/d311974d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-127827

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