Legg Mason, Inc. (LM) Tops Q2 EPS Views; AUM Down 9%

October 27, 2011 7:01 AM EDT
Legg Mason, Inc. (NYSE: LM) reported Q2 EPS of $0.61, $0.24 better than the analyst estimate of $0.37. Revenue for the quarter came in at $669.9 million versus the consensus estimate of $674.46 million.

Assets Under Management were $611.8 billion, down 8% as compared with $662.5 billion as of June 30, 2011 and down 9% from $673.5 billion as of September 30, 2010.


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