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Legg Mason Inc (NYSE:LM)
Non-Recurring Items
$-33 Mil (TTM As of Mar. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Legg Mason Inc's non-recurring items for the three months ended in Mar. 2016 was $-14 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2016 was $-33 Mil.

As of today, Legg Mason Inc's share price is $33.11. Legg Mason Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2016 was $-0.32. Therefore, Legg Mason Inc's P/E (NRI) ratio for today is .


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Legg Mason Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2016 was 6.118 (Jun. 2015 ) + -30.413 (Sep. 2015 ) + 5.01 (Dec. 2015 ) + -13.935 (Mar. 2016 ) = $-33 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Legg Mason Inc's P/E (NRI) Ratio for today is calculated as

Legg Mason Inc's Share Price of today is $33.11.
Legg Mason Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2016 was 0.84 (Jun. 2015 ) + 0.58 (Sep. 2015 ) + -1.31 (Dec. 2015 ) + -0.43 (Mar. 2016 ) = $-0.32.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Legg Mason Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Non Operating Income 28-601-2,3921276140-2135-79-33

Legg Mason Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Non Operating Income 1559-1089106-305-14
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