Franklin Resources (BEN) Misses Q4 EPS by 21c

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Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

October 22, 2015 8:30 AM EDT

SAN MATEO, CA -- (Marketwired) -- 10/22/15 -- Franklin Resources, Inc. (the "Company") (NYSE: BEN) today announced preliminary net income(1) of $358.2 million or $0.59 per diluted share for the quarter ended September 30, 2015, as compared to $504.2 million or $0.82 per diluted share for the previous quarter and $640.6 million or $1.02 per diluted share for the quarter ended September 30, 2014. Preliminary net income(1) for the year ended September 30, 2015 was $2,035.3 million or $3.29 per diluted share, as compared to $2,384.3 million or $3.79 per diluted share for the previous year.

Quarter Quarter Ended % Change Ended % Change ---------------------- ---------- Qtr. vs. Year vs. 30-Sep-15 30-Jun-15 Qtr. 30-Sep-14 Year... More