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Legg Mason net income falls in fourth quarter
April 30, 2013 / 11:11 AM / 4 years ago

Legg Mason net income falls in fourth quarter

(Reuters) - Asset manager Legg Mason Inc (LM.N) on Tuesday said its profit fell sharply in its three months ended March 31.

Legg Mason of Baltimore reported net income of $29.2 million, or 23 cents per share, for its fourth fiscal quarter, compared with $76.1 million, or 54 cents per share, for the same period a year before.

Reporting by Ross Kerber; Editing by Gerald E. McCormick

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