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BEN Partners with Vybroo and Farmacia Roma to Offer AI-driven Audio Engagement for Brands to Build Better Relationships with Consumers
GlobeNewswire News Room· 2024-07-26 13:00
JACKSON, Wyo., July 26, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network (BEN), (Nasdaq: BNAI), an emerging provider of safe, personalized customer engagement AI, Vybroo, a company that connects brands with customers through innovative audio messaging strategies, and Farmacia Roma, a pharmacy chain based in Baja California, today announced a commercial agreement that will pair BEN’s and Vybroo’s unique brand-to-customer communication strategies and technologies, including BEN’s cutting-edge human-modeled A ...
Franklin Resources(BEN) - 2024 Q3 - Quarterly Results
2024-07-26 12:46
EXHIBIT 99.1 Contact: Franklin Resources, Inc. Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com Media Relations: Jeaneen Terrio (212) 632-4005, jeaneen.terrio@franklintempleton.com investors.franklinresources.com FOR IMMEDIATE RELEASE Franklin Resources, Inc. Announces Third Quarter Results 1 San Mateo, CA, July 26, 2024 – Franklin Resources, Inc. (the "Company") [NYSE: BEN] today announced net income of $174.0 million or $0.32 per diluted share for the quarter ended June 30, 20 ...
Will Lower Market Volatility Hurt Franklin's (BEN) Q3 Earnings?
ZACKS· 2024-07-22 15:10
Franklin Resources Inc. (BEN) is scheduled to report third-quarter fiscal 2024 results (ended Jun 30) on Jul 26, 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 missed the Zacks Consensus Estimate on higher expenses. However, an increase in assets under management (AUM) was a tailwind. Franklin’s earnings beat the consensus estimate in three of the trail ...
Analysts Estimate Franklin Resources (BEN) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-19 15:06
The market expects Franklin Resources (BEN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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 relea ...
3 Dirt-Cheap Dividend Payers Wall Street Is Ignoring
Investor Place· 2024-07-02 10:15
Despite the overall market rallying in recent months, several dividend stocks have lagged behind, presenting unique opportunities for income-oriented investors. For those seeking value and steady payouts, these undervalued dividend stocks offer a rare chance to capitalize on robust performance.In this article, I will present three dividend payers that Wall Street seems to be ignoring. Despite investors overlooking these stocks, which has led them to trade at below-average valuations, these companies have co ...
Franklin (BEN) Rides on Buyouts, AUM Amid Escalating Expenses
ZACKS· 2024-06-13 13:47
Frankling Resources Inc. (BEN) remains well-positioned for growth on the back of opportunistic acquisitions, a solid distribution platform and an organic growth strategy. However, a rising expense base and concentrated revenues from investment management fee are major woes.Franklin has been growing through acquisitions. In January 2024, the company acquired Putnam Investments, a global asset management firm. This deal is expected to boost the company’s presence in the retirement space by enhancing its defin ...
Franklin's (BEN) May AUM Benefits From Positive Markets
ZACKS· 2024-06-12 14:50
Franklin Resources, Inc. (BEN) reported its preliminary assets under management (AUM) of $1.64 trillion as of May 31, 2024. This reflected an increase of 2% from the prior month’s level.The improvement in AUM balance was primarily due to the impact of positive markets, partially offset by long-term net outflows. BEN recorded equity assets of $583.9 billion, which increased 3.5% from the previous month. Further, fixed income AUM of $563.6 billion at the end of May 2024 increased nearly 1% from the previous m ...
BEN to Present at Upcoming Investor Conference
globenewswire.com· 2024-05-29 20:15
JACKSON, Wyo., May 29, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, today announced that Co-CEO Paul Chang will present at the Maxim Group’s 2024 Virtual Tech Conference (Charting the Course: Navigating the Intersection of TMT and Business in the AI Era). The presentation will take place virtually on Wednesday, June 5, 2024 at 12:30 p.m. ET. A live webcast and replay will be available on the Company's investor rel ...
Buying Back Into Franklin Resources
seekingalpha.com· 2024-05-27 07:58
maogg/E+ via Getty Images In mid-October of last year, I announced to a relatively disinterested world that I was going to hold off buying back into Franklin Resources, Inc. (NYSE:BEN) ahead of their final year earnings. Since then, the shares have returned about 4.14% against a gain of about 21.7% for the S&P 500. I thought I’d review the name yet again to see if it makes sense to buy back in. I’ve previously done relatively well on Franklin Resources, and I hope to repeat that performance. I don’t men ...
Should You Retain Franklin (BEN) for 5.2% Dividend Yield?
zacks.com· 2024-05-24 15:26
Investors seeking attractive dividend yields amid the current uncertain macroeconomic environment can consider Franklin Resources, Inc. (BEN) , a fundamentally solid investment manager.The majority of BEN’s operating revenues and net income is derived from offering investment management and related services to retail mutual funds, and institutional and high-net-worth investors in jurisdictions worldwide.It announced a 3.3% hike in the common stock dividend to 31 cents in December 2023. In the past five year ...