Franklin Resources (BEN) Tops Q3 EPS by 6c

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Go back to Franklin Resources (BEN) Tops Q3 EPS by 6c

Franklin Resources, Inc. Announces Third Quarter Results

July 28, 2022 8:30 AM EDT

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the Company) [NYSE: BEN] today announced net income1 of $256.4 million or $0.50 per diluted share for the quarter ended June 30, 2022, as compared to $349.6 million or $0.68 per diluted share for the previous quarter, and $438.4 million or $0.86 per diluted share for the quarter ended June 30, 2021. Operating income was $404.7 million for the quarter ended June 30, 2022, as compared to $463.0 million for the previous quarter and $478.1 million for the prior year. Results for the quarter ended June 30, 2022 include three months of Lexington Partners L.P.

As supplemental information, the Company is providing certain adjusted performance... More