Franklin Resources (BEN) Tops Q3 EPS by 6c
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Franklin Resources, Inc. Announces Third Quarter Results
August 3, 2021 8:30 AM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced net income1 of $438.4 million or $0.86 per diluted share for the quarter ended June 30, 2021, as compared to $381.8 million or $0.74 per diluted share for the previous quarter, and $290.4 million or $0.58 per diluted share for the quarter ended June 30, 2020. Operating income2 was $478.1 million for the quarter ended June 30, 2021, as compared to $456.3 million for the previous quarter and $232.5 million in the prior year. The quarter ended June 30, 2021 includes $45.3 million, or $0.07 per diluted share, of closed-end fund product launch costs associated with the Western Asset Diversified Income... More
