Franklin Resources (BEN) Tops Q2 EPS by 5c
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Franklin Resources, Inc. Announces Second Quarter Results
May 4, 2021 8:30 AM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced net income1 of $381.8 million or $0.74 per diluted share for the quarter ended March 31, 2021, as compared to $345.3 million or $0.67 per diluted share for the previous quarter, and $79.1 million or $0.16 per diluted share for the quarter ended March 31, 2020. Operating income2 was $456.3 million for the quarter ended March 31, 2021, as compared to $409.1 million for the previous quarter and $339.9 million in the prior year.
As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles.3 Adjusted net... More
