{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-049278","form_type":"8-K","ticker":"LAZ","cik":"0001311370","company_name":"Lazard, Inc.","filed_at":"2026-07-23T10:30:59+00:00","discovered_at":"2026-07-23T10:35:00.267850+00:00","generated_at":"2026-07-23T10:35:12.488796+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lazard Q2 GAAP EPS $0.03 vs $0.52 YoY; AUM record $285B, advisory revenue down 9%","bullets":["GAAP net income $5M ($0.03 diluted EPS) vs $55M ($0.52) in Q2 2025; adjusted net income $13M ($0.12).","Financial Advisory net revenue $450M, down 9% YoY; Asset Management net revenue $351M, up 20% YoY.","AUM $285B (record), up 15% YoY; first-half net inflows $7.4B, best in nearly 20 years.","Board authorized $200M share repurchase; quarterly dividend $0.50 per share declared.","Adjusted compensation ratio 69.9% vs 65.5% YoY; target 60% or below as part of Lazard 2030."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-049278","json":"https://secwatch.observer/filing/0001628280-26-049278.json","markdown":"https://secwatch.observer/filing/0001628280-26-049278.md","text":"https://secwatch.observer/filing/0001628280-26-049278.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1311370/000162828026049278/0001628280-26-049278-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1311370/000162828026049278/laz-20260723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-23T10:35:12.488796+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}