More on Legg Mason (LM) FQ3 earnings: AUM of $648.9B up 3% Y/Y. Client outflows of $7.5B during...

|About: Legg Mason Inc. (LM)|By:, SA News Editor

More on Legg Mason (LM) FQ3 earnings: AUM of $648.9B up 3% Y/Y. Client outflows of $7.5B during FQ3 offset by $5.7B in market performance. Adjusted operating margin of 19.8% vs. 21.2% in FQ2. Interim CEO: "We are disappointed with our results this quarter." The CEO search continues. Traders see something they like, shares +4.9% premarket. (PR)