Legg Mason (LM) Tops Q4 EPS by 36c

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Go back to Legg Mason (LM) Tops Q4 EPS by 36c

Legg Mason Reports Fourth Fiscal Quarter and Fiscal Year-End 2015 Results

May 1, 2015 6:59 AM EDT

BALTIMORE, May 1, 2015 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) today reported its operating results for the fourth fiscal quarter and fiscal year-ended March 31, 2015.  The Company reported net income1 of $83.0 million, or $0.73 per diluted share, as compared to $77.0 million, or $0.67 per diluted share, in the previous quarter, and net income of $68.9 million, or $0.58 per diluted share, in the fourth quarter of fiscal 2014.  Adjusted income2 for the fourth fiscal quarter was $117.9 million, or $1.03 per diluted share, as compared to $113.1 million, or $0.98 per diluted share, in the previous quarter and $103.5 million, or $0.86 per... More