Franklin Resources (BEN) Tops Q2 EPS by 12c
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April 29, 2015 8:30 AM EDT
SAN 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...
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