Franklin Resources (BEN) Tops Q2 EPS by 10c, Revenues Beat

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Go back to Franklin Resources (BEN) Tops Q2 EPS by 10c, Revenues Beat

Franklin Resources, Inc. Announces Second Quarter Results

April 26, 2019 8:30 AM EDT

SAN MATEO, Calif., April 26, 2019 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced net income1 of $367.5 million or $0.72 per diluted share for the quarter ended March 31, 2019, as compared to $275.9 million or $0.54 per diluted share for the previous quarter and $443.2 million or $0.78 per diluted share for the quarter ended March 31, 2018.

Were pleased to see continued performance improvements for a number of our key investment strategies, said Greg Johnson, Chairman and CEO of Franklin Resources, Inc. Against that backdrop, were also encouraged to see flows improve, most notably in the fixed income and multi-asset investment... More