Franklin Resources (BEN) Misses Q4 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results
October 25, 2019 8:30 AM EDTSAN MATEO, Calif., Oct. 25, 2019 (GLOBE NEWSWIRE) -- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced preliminary net income1 of $306.4 million or $0.61 per diluted share for the quarter ended September 30, 2019, as compared to $245.9 million or $0.48 per diluted share for the previous quarter, and $502.5 million or $0.96 per diluted share for the quarter ended September 30, 2018. The previous quarter included an $86.4 million or $0.17 per diluted share tax charge and the quarter ended September 30, 2018 included an $89.6 million or $0.17 per diluted share tax reduction due to revisions to the estimated transition tax expense2 resulting from the Tax Cuts and Jobs Act of 2017 (the Tax Act).... More
