Franklin Resources, Inc. (NYSE:BEN) Q1 2024 Earnings Conference Call January 29, 2024 11:00 AM ET Company Participants Selene Oh - Chief Communications Officer and Head of Investor Relations Jennifer Johnson - President and Chief Executive Officer Matthew Nicholls - Chief Financial Officer and Chief Operating Officer Adam Spector - Head of Global Distribution Conference Call Participants Alexander Blostein - Goldman Sachs Craig Siegenthaler - Bank of America William Katz - TD Cowen Daniel Fannon - Jefferies ...

Franklin Resources (BEN) reported $1.99 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.2%. EPS of $0.65 for the same period compares to $0.51 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.91 billion, representing a surprise of +4.11%. The company delivered an EPS surprise of +14.04%, with the consensus EPS estimate being $0.57.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Franklin Resources (BEN) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.04%. A quarter ago, it was expected that this investment manager would post earnings of $0.60 per share when it actually produced earnings of $0.84, delivering a surprise of 40%.Over the last four quarters, th ...

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023, as compared to $295.5 million or $0.58 per diluted share for the previous quarter, and $165.6 million or $0.32 per diluted share for the quarter ended December 31, 2022. Operating income was $206.5 million for the quarter ended December 31, 2023, as compared to $338.3 million for the previous quarter and $19 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-09318 FRANKLIN RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 13-2670991 (State or other ju ...

One stock that might be an intriguing choice for investors right now is Franklin Resources, Inc (BEN) . This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking ...

Analysts on Wall Street project that Franklin Resources (BEN) will announce quarterly earnings of $0.57 per share in its forthcoming report, representing an increase of 11.8% year over year. Revenues are projected to reach $1.91 billion, declining 2.8% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 5.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...

We are in the initial stage of the fourth-quarter 2023 earnings season. The results so far have shown stability, mostly in line with expectations. The earnings results and management guidance will be crucial for market participants to gauge the health of the U.S. economy.Q4 Earnings So FarAs of Jan 19, 52 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 52 index members are up 1.4% from the same period last year on 4.8% higher revenues, with 80.8% beating EPS es ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Franklin Resources (BEN) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Janua ...

A downtrend has been apparent in Franklin Resources (BEN) lately. While the stock has lost 7.1% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the fut ...