Franklin Resources (BEN) Misses Q4 EPS by 11c, Revenues Beat
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Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results
October 27, 2020 8:30 AM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced preliminary net income1 of $78.9 million or $0.15 per diluted share for the quarter ended September 30, 2020, as compared to $290.4 million or $0.58 per diluted share for the previous quarter, and $306.4 million or $0.61 per diluted share for the quarter ended September 30, 2019. Preliminary net income1 for the year ended September 30, 2020 was $798.9 million or $1.59 per diluted share, as compared to $1,195.7 million or $2.35 per diluted share for the previous year. Preliminary operating income2 was $103.6 million for the quarter ended September 30, 2020, as compared to $232.5 million for the previous quarter and $365.1 million in... More
