Franklin Resources (NYSE: BEN) reported Q3 EPS of $0.75, in-line with the analyst estimate of $0.75. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.57 billion.

“We continue to strategically invest in key growth areas of the business, using our strong balance sheet to strengthen our capabilities,” said Greg Johnson, Chairman and CEO of Franklin Resources. “We’re making significant progress on our corporate initiatives which include our emphasis on developing solutions strategies, focusing on risk management and augmenting our investment capabilities, further enhancing the client experience, and expanding our global suite of smart beta, active and passive ETFs.”

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