Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Franklin Resources (BEN) Misses Q4 EPS by 11c, Revenues Beat
October 27, 2020 8:32 AM EDTFranklin Resources (NYSE: BEN) reported Q4 EPS of $0.56, $0.11 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.42 billion.
While fiscal 2020 presented many challenges to the economy, our industry, and our business, it was also marked by exciting new opportunities for the firm, said Jenny Johnson, President and CEO of Franklin Resources, Inc. Of course, the most significant of those being the acquisition of Legg Mason and its specialist investment managers ("SIMs"). In a single transaction, we acquired multiple companies that brought strategically important investment capabilities to... More
