Can Higher Assets Support Legg Mason's (LM) Q3 Earnings?
Zacks Investment Research | Jan 27, 2020 07:53AM ET
Legg Mason (NYSE:LM) is scheduled to report third-quarter fiscal 2020 (ended Dec 31) results on Jan 29, after market close. The company’s earnings and revenues are expected to have increased year over year .
In the last reported quarter, the company’s earnings surpassed Zacks Consensus Estimate. Higher assets under management (AUM) drove its performance. Further, controlled expenses were a tailwind.
Legg Mason has an impressive earnings surprise history. Its earnings surpassed estimates in each of the trailing four quarters, the positive surprise being 13.1%, on average.
Legg Mason, Inc. Price and EPS Surprise
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