Franklin Resources, Inc. (BEN) Misses Q4 EPS by 14c; AUM Down 10%
Franklin Resources, Inc. (NYSE: BEN) reported Q4 EPS of $1.88, $0.14 worse than the analyst estimate of $2.02. Revenue for the quarter came in at $1.84 billion versus the consensus estimate of $1.85 billion.
Total assets under management were $659.9 billion at September 30, 2011, down $74.3 billion or 10% during the quarter.
Total assets under management were $659.9 billion at September 30, 2011, down $74.3 billion or 10% during the quarter.