Can Franklin (BEN) Retain Its Beat Streak in Q2 Earnings?

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 ...