Legg Mason Reports Results For Third Fiscal Quarter

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Go back to Legg Mason Reports Results For Third Fiscal Quarter

Legg Mason (LM) PT Raised to $50 at Citi Following 4Q Call

January 25, 2018 7:22 AM EST

Citi raised its price target on Legg Mason (NYSE: LM) to $50.00 (from $49.00) while maintaining a Neutral rating following the company's 4Q earnings call. The call reinforced that strategic moves by LM over the last few years are helping with the overall positioning.

Management... More

Legg Mason (LM) Posts Q3 EPS of $1.58

January 24, 2018 4:18 PM EST

Legg Mason (NYSE: LM) reported Q3 EPS of $1.58, which may not compare to the analyst estimate of $0.84. Revenue for the quarter came in at $820.4 million versus the consensus estimate of $769.31 million.

This quarter's results included:

One-time non-cash tax benefit of $213.7... More