Legg Mason reports fourth-quarter profit of $75.9 million

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Legg Mason reported a profit of $75.9 million in its fourth quarter, compared to a loss of $45.3 million for the same January-through-March period last year.

Earnings per share rose to 76 cents from a loss of 43 cents per share for the year-ago period, beating analyst expectations.

Backing out…

fromhttp://www.baltimoresun.com/business/bs-bz-legg-mason-earns-20170426-story.html

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