ClearBridge Investments, LLC, Legg Mason, Inc. - Special Call
Sep 3 14
To discuss the funds' investment portfolio and outlook, and hold a question and answer session
Legg Mason Inc. Announces Consolidated Unaudited Earnings Results for the First Quarter Ended June 30, 2014; Provides Tax Rate Guidance for Fiscal 2015
Jul 31 14
Legg Mason Inc. announced consolidated unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported total operating revenues of $693,881,000 compared with $670,417,000 for the same period a year ago. Operating income was $119,546,000 compared with $83,534,000 for the same period a year ago. Income before income tax was $114,268,000 compared with $74,887,000 for the same period a year ago. Net income attributable to Legg Mason Inc. was $72,188,000 or $0.61 per diluted share compared with $47,815,000 or $0.38 per diluted share for the same period a year ago. Adjusted income was $107,227,000 or $0.91 per diluted share compared with $85,175,000 or $0.68 per diluted share for the same period a year ago. Adjusted operating Revenue was $545,363,000 compared with $500,857,000 for the same period a year ago. Adjusted operating income was $125,093,000 compared with $89,702,000 for the same period a year ago.
The company currently expects effective GAAP tax rate for fiscal 2015 to be approximately 36%. Actual cash taxes continue to run at a substantially lower level than GAAP rate.
Legg Mason Inc. Declares Quarterly Cash Dividend, Payable on October 27, 2014
Jul 31 14
The Board of Directors of Legg Mason Inc. has declared a quarterly cash dividend on its common stock in the amount of $0.16 per share. The dividend is payable October 27, 2014 to shareholders of record at the close of business on October 9, 2014.
Legg Mason Inc. to Report Q1, 2015 Results on Jul 31, 2014
Jul 17 14
Legg Mason Inc. announced that they will report Q1, 2015 results at 7:00 AM, Eastern Daylight on Jul 31, 2014