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Legg Mason's Profit Rises Less Than Analysts Estimate (Update4)
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| July 19 (Bloomberg) -- Legg Mason Inc., a Baltimore-based money management and brokerage firm, said fiscal first-quarter earnings rose 48 percent, less than analysts estimated, as investors pared trading of stocks and bonds and client inflows slowed. |
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Jul 19, 2004 23:07:02 |
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 16 ( -2 -12.5% ) | | Author | Bloomberg |
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| Similar news: | - Legg Mason earnings miss estimates - BALTIMORE -- Financial-services company Legg Mason Inc. on Monday posted a 48 percent jump in profit for its latest quarter, helped by a jump in investment-advisory fees. However, the latest results failed to match Wall Street's expectations.
- Legg Mason Overstated Funds Performance - NEW YORK (Reuters) - Securities firm Legg Mason Inc. (LM.N: Quote, Profile, Research) on Friday said the quarterly market performance of its asset management division was worse than it reported last month because it had understated the amount of new funds
- Legg Mason 4Q Profit Rises 28 Percent - Financial services company Legg Mason Inc. said Wednesday its fourth-quarter profit rose 28 percent from a year ago, as an increase in assets under management bolstered investment and advisory fees. The company's stock soared 10 percent in early trading.
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