Legg Mason Inc. (LM) EPS Beat Estimates

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HFA Staff
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Legg Mason Inc. (NYSE:LM) released its earnings numbers for the three months ended September 30 this morning before the market opened on Wall Street this morning. The company showed earnings of $0.70 per share for the quarter of 2013 on revenue totaling $669.9 million. On Thursday’s market, shares in Legg Mason rose by just over 1% to finish the day at $36.87. In the run up to the release of these earnings analysts following Legg Mason Inc. (NYSE:LM) were expecting earnings per share of 61 cent on revenue of $685 million. In the same three month of last year the…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.