Franklin Resources (BEN) Surpasses Q1 Earnings and Revenue Estimates

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 ...