Legg Mason Reports Results For First Fiscal Quarter

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Go back to Legg Mason Reports Results For First Fiscal Quarter

Legg Mason (LM) PT Raised to $43 at RBC Capital

August 2, 2019 6:51 AM EDT

RBC Capital analyst Kenneth Lee raised the price target on Legg Mason (NYSE: LM) to $43.00 (from $42.00) while maintaining a Outperform rating.

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Legg Mason (LM) Tops Q1 EPS by 5c, Revenues Miss

August 1, 2019 4:54 PM EDT

Legg Mason (NYSE: LM) reported Q1 EPS of $0.75, $0.05 better than the analyst estimate of $0.70. Revenue for the quarter came in at $705.4 million versus the consensus estimate of $709.07 million.

First Quarter Net Income of $45.4 Million, or $0.51 per Diluted ShareIncludes Strategic Restructuring Charges of $32.9 Million, or $0.27 per Diluted ShareAdjusted Net Income of $67.0 Million, or $0.75 per Diluted... More