The upcoming report from Franklin Resources (BEN) is expected to reveal quarterly earnings of $0.57 per share, indicating a decline of 6.6% compared to the year-ago period. Analysts forecast revenues of $2.07 billion, representing an increase of 7.5% year over year.The consensus EPS estimate for the quarter has been revised 2.5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prio ...

Franklin Resources Inc. (BEN) is scheduled to report second-quarter fiscal 2024 results (ended Mar 31) on Apr 29, before market open. While BEN’s quarterly earnings are anticipated to have declined from the year-ago reported level, revenues are expected to have risen.In the last reported quarter, Franklin’s earnings surpassed the Zacks Consensus Estimate on a stronger top line than the prior-year quarter. An increase in assets under management (AUM) was a positive. However, rising expenses affected the bott ...

Franklin Resources (BEN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April ...

A downtrend has been apparent in Franklin Resources (BEN) lately with too much selling pressure. The stock has declined 7.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, f ...

6 Dividend Aristocrats to Buy for Reliable Passive Income ptasha / iStock via Getty Images Investors love dividend stocks because they provide dependable income and a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation.For example, if you buy a stock at $20 that pays a 3% dividend, and it goes up to $22 in a year, you ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Franklin Resources (BEN) . This company, which is in the Zacks Financial - Investment Management industry, shows potential for another earnings beat.This investment manager has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for th ...

Franklin Resources (BEN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ...

Franklin Resources, Inc. (BEN) reported its preliminary month-end assets under management (AUM) of $1.64 trillion as of Mar 31, 2024. This reflected an increase of 1.4% from the prior month’s level.The improvement was driven by positive markets and long-term net inflows of $8.1 billion related to Great-West Lifeco. For the quarter ended Mar 31, 2024, AUM was boosted by the upbeat markets and long-term net inflows of $6.9 billion. This included $13.6 billion related to Great-West Lifeco, offset by a fixed-in ...

RADNOR, Pa.--(BUSINESS WIRE)--Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Maris A. Ogg, CFA, and Jeffrey M. Bagley, CFA, CFP®, have joined the firm as managing director and senior portfolio manager, both based in its Radnor office. "The Mid-Atlantic region remains a vital growth market for us, and we're proud that our clients trust us to provide top-notch service and personalized solutions tailored to their needs," said Julie St ...

NEW YORK--(BUSINESS WIRE)--AdvisorEngine®, the financial experience company, continues to broaden its data connectivity capabilities through integrations with key institutional partners. AdvisorEngine announced today its integration with Charles Schwab Trust Bank, providing its wealth management platform the ability to digitally serve advisory firms with client accounts at the bank. Charles Schwab Trust Bank is a fiduciary-oriented bank that provides trust and custody services to more than 20,000 employ ...