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Legg Mason Outshines Estimate - Analyst Blog
Wednesday, January 26, 2011 - 7:01pm | 839Legg Mason Inc.'s (LM) third-quarter 2011 earnings of 73 cents per share significantly outpaced the Zacks Consensus Estimate of 43 cents. Reported quarter results included 10 cents per share in transition-related costs and 4 cents per share of costs related to a closed-end fund launch. Earnings...
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Legg Mason Outshines Estimate - Analyst Blog
Wednesday, January 26, 2011 - 6:23pm | 839Legg Mason Inc.'s (LM) third-quarter 2011 earnings of 73 cents per share significantly outpaced the Zacks Consensus Estimate of 43 cents. Reported quarter results included 10 cents per share in transition-related costs and 4 cents per share of costs related to a closed-end fund launch. Earnings...
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Cohen & Steers Reports Q4 EPS of $.29 vs. $.26
Wednesday, January 26, 2011 - 5:33pm | 149Cohen & Steers, Inc. (NYSE: CNS) reported net income attributable to common shareholders of $12.8 million, or $0.29 per diluted share and $0.30 per basic share, for the quarter ended December 31, 2010, compared with net income attributable to common shareholders of $11.6 million, or $0.27 per...
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SEI Reports Q4 EPS of $.31 vs. $.30
Wednesday, January 26, 2011 - 9:35am | 39SEI Investments Company (Nasdaq: SEIC) today announced financial results for fourth-quarter 2010, reporting an increase in net income attributable to SEI and diluted earnings per share. Diluted earnings per share were $0.33. Revenues $231,399,000
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Legg Mason Reports $61.6 Million Profit (LM)
Wednesday, January 26, 2011 - 8:22am | 237Legg Mason, Inc. (NYSE: LM) on Wednesday morning released financial results. Legg Mason, Inc reported that its 3rd quarter net income rose to $61.6 million, or 41 cents per share, up from $44.9 million, or 28 cents per share, a year earlier. Excluding special items, the company earned 73 cents per...
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Legg Mason Reports Q3 EPS of $0.73
Wednesday, January 26, 2011 - 8:12am | 56Legg Mason (NYSE: LM) reports its Q3 adjusted EPS at $0.73, versus the consensus of $0.41. LM reports its Q3 revenue at $721.9 million, versus the consensus of $696.91 million. LM shares dropped 0.36% to $35.48 in after-hours trading. Read more from Benzinga's Company news.
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Fast Money Picks For January 26th (RIO, CMG, BLK, GM)
Tuesday, January 25, 2011 - 7:49pm | 199Tim Seymour said on CNBC's Fast Money that investors with a short position in Rio Tinto plc (ADR) (NYSE: RIO) should cover on Wednesday. Rio Tinto plc (ADR) (RIO) fell 2.78% today, and closed at $68.57. Guy Adami wants to buy BlackRock, Inc. (NYSE: BLK) tomorrow, and Brian Kelly thinks that it...
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Stocks on the Move (CLMS) Breaking out
Tuesday, January 25, 2011 - 4:25pm | 14Stocks on the Move (CLMS) Breaking out
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BlackRock Jumping On Strong Earnings (BLK)
Tuesday, January 25, 2011 - 12:07pm | 268Shares of BlackRock, Inc. (NYSE: BLK) are up strongly today, gaining more than 2% on the back of a strong earnings report. Excluding items, BlackRock reported earnings of $3.42 per share. Wall Street had expected earnings of $2.90 per share. Revenue rose 61% from last year to $2.49 billion, thanks...
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BLK 4Q EPS Well Above BlackRock Consensus
Tuesday, January 25, 2011 - 10:36am | 103Citigroup is commenting on BlackRock, Inc.'s (NYSE: BLK) 4Q EPS. “Performance fees drive sizable 4Q10 beat,” Citigroup writes. “$3.42 for 4Q10 ‘adjusted' EPS, well ahead of our $3.08 estimate and $2.91 consensus. “To us, the beat was predominantly performance fee driven ($326M vs. $200M estimate)...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, January 25, 2011 - 9:31am | 308Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Body Central Acquisition Corp (BODY) CB Richard Ellis Group (CBG) China Green Agriculture (CGA) Cohen & Steers (CNS) Community Trust Bancorp (CTBI) View the entire Zacks #1 Rank List. CB RICHARD ELLS (CBG): Free Stock...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, January 25, 2011 - 9:14am | 308Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Body Central Acquisition Corp (BODY) CB Richard Ellis Group (CBG) China Green Agriculture (CGA) Cohen & Steers (CNS) Community Trust Bancorp (CTBI) View the entire Zacks #1 Rank List. CB RICHARD ELLS (CBG): Free Stock...
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BlackRock Earnings And Revenue Surge Higher (BLK)
Tuesday, January 25, 2011 - 7:44am | 214BlackRock, Inc. (NYSE: BLK) announced on Tuesday morning that it beat consensus Wall Street estimates. BlackRock, Inc reported that its 4th quarter net income jumped 107% to $657 million, or $3.35 per share, up $401 million, or $1.62 per share, a year earlier. Excluding special items, the company's...
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Earnings Scheduled For January 25 (MMM, YHOO, VZ, JNJ, KMB, JNPR, GILD, DD, NSC, COH, AKS, BLK, TRV, ALTR, DV)
Tuesday, January 25, 2011 - 3:51am | 3873M Co (NYSE: MMM) is expected to report its Q4 earnings at $1.27 per share on revenue of $6.62 billion. Yahoo Inc (NASDAQ: YHOO) is projected to report its Q4 EPS at $0.22 on revenue of $1.19 billion. Verizon (NYSE: VZ) is forecast to post its Q4 earnings at $0.55 per share on revenue of $26.47...
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J.P Morgan Reiterates Underweight Rating On Federated Investors
Monday, January 24, 2011 - 10:28am | 228J.P Morgan is reiterating its Underweight rating on Federated Investors (NYSE: FII). The stock has appreciated materially in later 2010 despite an asset base that is far less positively impacted than peers by the material rebound in the equity markets over the last six months. There are diverging...