Franklin Resources (BEN) Reports First-Quarter 2026 Earnings Surpassing Wall Street Expectations

Financial Performance - Franklin Resources, Inc. reported adjusted earnings per share of $0.70 for Q1 2026, exceeding the average estimate of $0.55 by $0.15 [1] - The company's revenue reached $2.37 billion, significantly above the consensus forecast of $1.71 billion and up 3% from $2.25 billion in the same period last year [1] Net Inflows and Growth - Long-term net inflows, excluding Western Asset Management, totaled $34.6 billion, a substantial increase from $17.9 billion in the year-ago quarter, indicating strong organic growth [3] - The alternatives business was a key growth driver, raising $10.8 billion in the quarter, which included $9.5 billion in private market assets [4] Assets Under Management - Franklin's ETF platform achieved an all-time high of $58 billion in assets under management, with $7.5 billion in net flows during the quarter [4] - The company operates globally under the Franklin Templeton umbrella, serving clients in over 150 countries [4]