Franklin Resources (BEN) Misses Q3 EPS by 6c
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July 29, 2015 8:30 AM EDT
SAN MATEO, CA -- (Marketwired) -- 07/29/15 --
Franklin Resources, Inc. (the "Company") (NYSE: BEN) today announced net income(1) of $504.2 million or $0.82 per diluted share for the quarter ended June 30, 2015, as compared to $606.5 million or $0.98 per diluted share for the previous quarter and $578.9 million or $0.92 per diluted share for the quarter ended June 30, 2014.
Quarter
Quarter Ended % Change Ended % Change
-------------------- ---------
Qtr. vs. Year vs.
30-Jun-15 31-Mar-15 Qtr. 30-Jun-14 Year
--------- --------- -------- --------- --------
Financial Results
(in millions, except
per share data)
Operating revenues $ 2,000.8 $ 2,009.8 0% $ 2,130.5 (6)%
Operating income 769.8 757.7 2% 786.8 (2)%
Operating margin 38.5% 37.7% 36.9%
Net income(1) $ 504.2 $ 606.5 (17)% $ 578.9 (13)%
Diluted earnings per
share $ 0.82 $ 0.98 (16)% $ 0.92 (11)%
Assets Under
Management
(in billions)
Ending...
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