Earnings Forecast Research on Legg Mason, Inc. (LM)

Legg Mason, Inc. has received $0.64 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.59 while the top line estimate is $0.68 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -56%.

Legg Mason, Inc. reported better than expected with a surprise EPS of 8.62% or $0.05 during its most recent quarterly earnings. The Actual EPS was $0.63 compared to the Estimated EPS of $0.58. Baltimore based Legg Mason, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 01, 2017.

Legg Mason, Inc. has a Price to Earnings ratio of 14.33 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.81. For the Most Recent Fiscal Year, Legg Mason, Inc. has a price to cash ratio of 4.3. For the Trailing twelve month period, company showed a Net Profit Margin of -3.08% and Return on Equity of the stock is 6.43%.

In the last quarter, Legg Mason, Inc. reported Annual Earnings of $0.63. Based on the filings, last years Annual Earnings was, $3.36. In the last Quarter, LM reported a surprise Earnings per Share of 8.62% . The consensus estimate for current quarter is $0.64 and for the current fiscal year, the estimate is $2.29. For the Next fiscal year, the estimate is $2.96 based on the consensus.

Legg Mason, Inc. (NYSE:LM) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.4 points or 1.25% at $31.69 with 2,145,485 shares getting traded. Post opening the session at $31.95, the shares hit an intraday low of $31.62 and an intraday high of $32.19 and the price was in this range throughout the day. The company has a market cap of $3,201 million and the number of outstanding shares has been calculated to be 101,006,739 shares. The 52-week high of Legg Mason, Inc. (NYSE:LM) is $35.83 and the 52-week low is $24.93.

Legg Mason, Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities.


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