Franklin Resources (BEN) Tops Q4 EPS by 4c

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Go back to Franklin Resources (BEN) Tops Q4 EPS by 4c

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

October 26, 2017 8:30 AM EDT

SAN MATEO, Calif., Oct. 26, 2017 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the Company) (NYSE: BEN) today announced preliminary net income1 of $425.2 million or $0.76 per diluted share for the quarter ended September 30, 2017, as compared to $410.6 million or $0.73 per diluted share for the previous quarter and $472.1 million or $0.82 per diluted share for the quarter ended September 30, 2016. Preliminary net income1 for the year ended September 30, 2017 was $1,696.7 million or $3.01 per diluted share, as compared to $1,726.7 million or $2.94 per diluted share for the previous year.

Fiscal year 2017 saw a number of positive developments, said Greg Johnson, Chairman and CEO of Franklin Resources,... More