Legg Mason Reports Results For Third Fiscal Quarter

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Legg Mason (LM) Tops Q3 EPS by 5c

February 4, 2019 4:20 PM EST

Legg Mason (NYSE: LM) reported Q3 EPS of $0.73, ex-items, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $704.3 million versus the consensus estimate of $724.61 million.

Net loss was $216.9 million, or $2.55 per diluted share, compared to net income of $72.8... More