Franklin Resources, Inc. Announces First Quarter Results

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Franklin Resources (BEN) Tops Q1 EPS by 1c, Revenues Beat

February 2, 2021 8:31 AM EST

Franklin Resources (NYSE: BEN) reported Q1 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.93 billion.

This month marks a full year since we announced our acquisition of Legg Mason and its specialist investment managers, said Jenny Johnson, President and CEO of Franklin Resources, Inc. I couldnt be prouder of the progress weve made in bringing our teams together to form one company with a singular focus on delivering exceptional client outcomes. The first full quarter of the combined company saw some... More