Franklin Resources (BEN) Tops Q1 EPS by 3c

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Franklin Resources, Inc. Announces First Quarter Results

January 31, 2025 8:30 AM EST

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the Company) (NYSE: BEN) today announced net income1 of $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024, as compared to net loss of $84.7 million or $0.19 per diluted share for the previous quarter, and net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023. Operating income was $219.0 million for the quarter ended December 31, 2024, as compared to operating loss of $150.7 million for the previous quarter and operating income of $206.5 million for the prior year.

As supplemental information, the Company is providing... More