Franklin Resources (BEN) Tops Q2 EPS by 12c
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Franklin Resources, Inc. Announces Second Quarter Results
April 29, 2015 8:30 AM EDTSAN MATEO, CA -- (Marketwired) -- 04/29/15 -- Franklin Resources, Inc. (the "Company") (NYSE: BEN) today announced net income(1) of $606.5 million or $0.98 per diluted share for the quarter ended March 31, 2015, as compared to $566.4 million or $0.91 per diluted share for the previous quarter and $561.0 million or $0.89 per diluted share for the quarter ended March 31, 2014.
% Quarter % Quarter Ended Change Ended Change -------------------- --------- Qtr. Year vs. vs. 31-Mar-15 31-Dec-14 Qtr. 31-Mar-14 Year --------- --------- ------- --------- ------- Financial Results (in millions, except per share data) Operating revenues $ 2,009.8 $ 2,064.3 (3)% $ 2,095.9 (4)% Operating income 757.7 782.0 (3)% 786.0 (4)% Operating margin 37.7% 37.9% 37.5% Net income(1) $ 606.5 $ 566.4 7% $ 561.0 8% Diluted earnings per share $ 0.98 $ 0.91 8% $ 0.89 10% Assets Under Management (in billions) Ending... More
